GREY:ATTBF - Post by User
Comment by
Nastysaskyon Dec 15, 2017 11:51am
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RE:RE:RE:RE:RE:RE:RE:Changing subject
RE:RE:RE:RE:RE:RE:RE:Changing subjectThe big breakouts of the last few days were needed for the bigger investors to start a position, assuming this stock isn't complete bullsh1t. If this stock is complete bs then they created the market to sell their shares into.
Assuming ATT is a real company and the story is real.....The bigger players sold short at the highs so they could cover lower and add support to the shareprice if buying pressure subsides until the story can get out to retail and other institutional investors.
makingmoney1 wrote: Ya no problem...day traders like to manage risks...They find a hot stock (to limit downside potential, equating to big losses) and they put up walls on the ask and bid side. They seem to have chosen 57 and 60 today...They keep the price in that range and scalp pennies. At some point the buying pressure will be so strong that we will start mass buying, and they will either cancel their sell orders or be left behind as we break through. it could happen again at 70 but we will see. As the volume gets higher...and SP stays in s specific trade range, the RSI gets lower...The lower the rsi...the better chance of a breakout. We will ove over 60 cents again for sure. Hang tight :)