RE:RE:NAT GAS PRICE IN TURKEY This last spike drove our stock up in a flash! Some deeper pockets may be sitting on the sidelines just waiting to pounce!
It may be a matter of seeing what amount of asks are sitting out there, hoping to be filled.
I don't have access to level 2 quotes, but others do. Especially big money players who trade constantly. And we don't always know who exactly is buying on these dips!
Just speculating, but I am not willing to take on that risk by selling now, just in case, another big sudden upward move is soon coming.
Those who sold at the recent top and bought back in today, the day traders, may have taken on the least risk. They have just protected their downside capital risk, buy selling at or near the top and by taking their quick profit!
Other traders here who got in at the lower price, and sold today already, may find the risk of not getting back in, on time, fully acceptable. They are waiting for anther dropl
I am just trying to learn. I should have sold at 50 cents. LOL
What a challenge, this is to figure out!
All the best! Java