hisah wrote:Sufficiently Philanga....thropic wrote:mlennyma wrote:Wait a minute,the game has changed,or its my system?huge exit and huge entries,wazua elders help me here
Entry volume here. Price spike expected in coming days.
High flying off the block and immediate rejection upon hitting 9/- on huge volume. Caution...
Look at the weird global oil price behaviour since Jul 2014 with all the war mongering... Interesting angle this. One would have imagined the price would slowly inch up towards account release as investors take positions but alas, that didn't happen giving credence to your theory. And hence the classic 'sell the news' we are seeing here.
On the other hand, one would expect exit volume(sellers market) to be atleast at a price above previous VWAP close or 3-6months average as was the case with Mumias, not unless the company is in dire straits. Again not the case.
And thus my conclusion that it is a buyers market(entry volume).
Awaiting Mr.Market/Time to provide the answers
@SufficientlyP