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How a stock price become weaker and weaker?
1) Those long above $4.00 before announcement and had not sold on 28th September are praying when got chance sell.
2) Those bought on announcement day and holding are worrying when got chance to sell.
3) Those bought around $3 are wondering when can sell.
4) Those abought around $2.70s also looking to sell.
5) Those bought today.....???
Above is how the sell queue built up longer and longer each time prices make lower low, each bounce is
of lower high, the making of a down trend. Eventually when things improve, prices improve but will meet
with resistances as the above listing of 5 groups of sellers are queueing to sell to the next buyer on the
way up. Eventually an uptrend form when it slowly clear each of these above mentioned sellers, how long will
this process take I also dunno wakakaka......
All the bre@st
1) Those long above $4.00 before announcement and had not sold on 28th September are praying when got chance sell.
2) Those bought on announcement day and holding are worrying when got chance to sell.
3) Those bought around $3 are wondering when can sell.
4) Those abought around $2.70s also looking to sell.
5) Those bought today.....???
Above is how the sell queue built up longer and longer each time prices make lower low, each bounce is
of lower high, the making of a down trend. Eventually when things improve, prices improve but will meet
with resistances as the above listing of 5 groups of sellers are queueing to sell to the next buyer on the
way up. Eventually an uptrend form when it slowly clear each of these above mentioned sellers, how long will
this process take I also dunno wakakaka......
All the bre@st
For references...cheers & all the bre@st
Chartits-TikTalk
Chartits
-TikTalk
Here is a chart that I previously shared and to consolidate in
this thread for references.
this thread for references.