1,500 share bidwhack into close Take a look at th

1,500 share bidwhack into close

Take a look at the time and sales below where it shows that 1500 shares were sold into bid with 10 seconds left before the close. We are all used to seeing that by now, but today I kept my MACD chart up intraday. What I noticed was that at .035 we were showing a MACD cross to the upside, which if you looked at my earlier work preceded the last 6 out of 6 rallies.

The MACD has been flattening out and starting to threaten a move back up. A cross over is a signal that would invite momentum and trend following longs to jump on board. Just at the bears do not wish to see a close above the 20 DMA, they also do not want to see a MACD cross to the upside. These will make it difficult for them to control the stock.

It was also interesting watching Citadel dance up and down the L2. They had 100,000 on bid at 3.23 cents but got taken out in the last hour of trading and upon that moment they popped up again at .031 with 470,000 shares. My guess is that they have their program set to pop automatically if the higher bid gets taken out because they are looking to catch falling shares on a panic sell.

Front running them repeatedly are UBSS, with 320,000 on 3.2 cents, CSTI, and NITE. This makes it highly unlikely that we will see any move to 3 cents any time in the near future.

After hours a T trade just fired off 99,000 at .0318. It's yet another trick to scare retail as we all should know by now.

Thinks have definitely been interesting on TECO now that Citadel has joined in the mix and things are definitely lining up for a move back up.

[IMG]http://i.imgur.com/3YFWq.png[/IMG]

[IMG]http://i.imgur.com/mFvbS.png[/IMG]