RE:RE:RE:low volumes continueMarcel7 wrote: How exactly do you think algos work? I think you may not quite understand quite how they work.
Money10179 wrote: ruben12345 wrote:
i doubt there is real strong reasons for the sell off as volumes are and have been very low
Fundamentally, there is no real reason to sell. If you're a long term holder and got in cheap (low30s) AND the company executes. but short term, there is every reason to follow the charts until there is volume to convince otherwise. obv algos are taking advantage of the weakness here (lack of volume)
im not going to even pretend to know what algos are thinking or why they do what they do. but its based on ta at the end of the day. if no one is buying, they will continue to sell. for less. im sure that programs are in place to look out for negative indicators and they will not fight the trend