Trying to stay a bull...:o)...the overall trade log for Friday shows lots of trades (market) outside the spread, little in between...a big (2:1) dominance on the ask...
Bid or below...277,200
Split...42,000
Ask or Above...544,300
I've rarely seen biases this large, result in price weakness...the market can be unpredictable. And, as you mentioned, it could be some dumping. Guess we won't know until this week. The price was most volatile on the lowest volumes. To me it seems like they're holding the price steady while everyone that wants to, gets in.
We're at the bottom of any 5-day chart bottoms, and while worse that I'd hoped, it don't look too bad. Tomorrow should tell the story for the near future of this run.
The Momo TA now has some hitches in it, though the June run had quite a few too.
One last thing I did, which'll lemme sleep better...:o)...big (5k+) block trades shown on the log, which were not broken up...
bid or below...5, 5, 6, 5
split...5
ask or above...5, 5, 5, 6.5, 5, 5, 5, 5, 5, 5, 5, 5, 10, 15, 10, 16.5, 15, 5, 6, 5, 5, 5, 5, 15, 15, 7.5, 7, 7, 10, 10...total 229,500...says the run ain't over... |
