Would agree with most of that...will all depend if
Post# of 4995
(Total Views: 316)
Posted On: 07/12/2017 1:26:18 PM
Would agree with most of that...will all depend if those in the red are alright with holding for higher prices or just want to move on after the P&D/awareness operation that was just executed. The ask went up to 19M at one point and that is my only concern at the moment...the ask keeps getting reloaded, either by MMs or by retail, I am not a fan at the current price...still demonstrating weakness....
I think the IHUB bile is still around, they have just realized the pom-pom routine is not working, nor is the perpetual hype/profits, etc. Accumulation has fallen off the past two day and is still trailing off....want to see that start heading back north again to confirm any moves as well...
Will add, I don't like the multiple and mirror trades being executed today heavily and yesterday...this usually indicates the MMs are positioning or placing in stop gaps/shorts. If this were retail they would just execute the entire block...retail does not have the time to put in all those orders, and it would be foolish to do so as they would pay heavily via commission fees. In short, it is still my opinion the MMs are playing fast and quick with shares...yet another reason I will stay on the sidelines for the time being.
I think the IHUB bile is still around, they have just realized the pom-pom routine is not working, nor is the perpetual hype/profits, etc. Accumulation has fallen off the past two day and is still trailing off....want to see that start heading back north again to confirm any moves as well...
Will add, I don't like the multiple and mirror trades being executed today heavily and yesterday...this usually indicates the MMs are positioning or placing in stop gaps/shorts. If this were retail they would just execute the entire block...retail does not have the time to put in all those orders, and it would be foolish to do so as they would pay heavily via commission fees. In short, it is still my opinion the MMs are playing fast and quick with shares...yet another reason I will stay on the sidelines for the time being.
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