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Technology Stocks : AUTOHOME, Inc
ATHM 21.95+4.5%3:59 PM EST
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To: ahhaha who wrote (20798)4/12/2000 10:27:00 PM
From: Mooster  Read Replies (1) of 29970
 
As soon as a little upside develops, the sellers stop selling market and book to sell. A little buying sends price up smartly, but it is selling that enables the upside action, since the buying isn't arresting shares from someone else.

I don't get it. I understand the initial pop due to a small amount of upside - sellers stop pushing market orders, but how does continued market sells drive the price up higher?

Thanks,
Moose
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