What a morning!
I was correct with my call yesterday, gap up over the 1month trend line, however it didn't hold. Huge block sale came in at $57 (1min chart below) which caused a mini sell off, at one point there was an outflow surplus of $125M causing a massive downward pressure. This is a classic weak-hand sell-off followed by an institution picking up shares at the intra-day reduced price.
Morning play by play
After following the level 2 data + order book all morning this is what I noticed:
I was correct with my call yesterday, gap up over the 1month trend line, however it didn't hold. Huge block sale came in at $57 (1min chart below) which caused a mini sell off, at one point there was an outflow surplus of $125M causing a massive downward pressure. This is a classic weak-hand sell-off followed by an institution picking up shares at the intra-day reduced price.
Morning play by play
After following the level 2 data + order book all morning this is what I noticed:
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.