re MM games ( like sold stock they do NOT have in their book )
They lower the price in order to panic investors and sell the stock, and that is how they fill their book at a lower price than the sold stock to investors the days before. |
Probably get more joy from stop losses and weak holders. |
If an MM needs stock to cover a position why would he lower the price.? Wouldn't he increase the bid offer. |
Do NOT fell for it, there is a B@stard MM organizing the markdown to fill his book as (it ) is short from last week's buys.
Is trying it for the last 3 days, starting last Thursday with the 15p spread opening Then Friday small sales but large markdown And again this morning already at the opening, BOOM close last Friday at 375 v 380p, but we are opening today at 370 v 380p. |
YouTube video for analysis from post below https://youtu.be/OAfrwgEwYVU?si=516CrTNkQaNVT19S |
Taken from LSE chathttps://x.com/rmtradeco/status/1881994627571482744?s=46&t=SBv_ZxPQacjVDGyARutj2g |
Although I was expecting some retracement from the 16 January chart, not the amount that has reached today a Fibonacci 70% retrace during the last cycle. |
re- Herald Reducing? ----- the Tale
NO............ no one is reducing, as you can see on the trades, no large or even small size sell at the end of the day ( usual large trades done during the day )
So even if I was imagining that, it was true, Market Makers games, I was not born yesterday or the day before. ( only 24 years on ADVFN ) |
Not long to go now the last 10 minutes and paying full ask 380p |
The Tale is the drop today it was provoked by a Market Maker who was short of stock in their book, so they needed stock to satisfy the buyers lately and could not deliver the stock otherwise.. |
The bounce back has started with a movement up at both sides |
Plop , I'll buy some thank you very much |
Bullish hidden divergence on the daily |
It can, but I didn't sell, as it looks like a good investment from the last update.I don't like the look of the chart now though. |
This "trend trading" can really catch you out Fest. |
lol, trend broken.
Its in an uptrend and its pulling back. |
Trend definitely broken here. |
Once again TECH stocks ( +1.3% ) have done well in the US.......
US close: Tech stocks lift markets after Trump's AI announcement
(Sharecast News) - US stocks rose on Wednesday, with the S&P 500 finished just under a record high, as the tech sector rose on the back of Donald Trump's artificial intelligence joint venture Stargate.
The Dow rose 0.3%, the Nasdaq jumped 1.3% to top the 20,000 mark for the first time this year, while the S&P 500 gained 0.6% to 6,086.37, its highest close since hitting 6,090.27 on the 6 December.
Tech stocks jump, Netflix gains
Shares in tech stocks jumped on Wednesday, as markets reacted to the Stargate AI news. The new US president unveiled the multi-billion dollar AI infrastructure project late on Tuesday, in conjunction with partners Microsoft-backed OpenAI, Oracle and SoftBank.
The White House plans to spend $100bn on technological infrastructure projects this year, and up to $500bn during the four-year term, although full funding details were not provided. |
Yes another 14.1K to add to the earlier 20K =34.1K today for the TR1
17:04:14 - 14.100 @ 408p
MMs or one of them happy to pass the loose shares to the buyer in big lots |
Well talking about TR1 I wonder when the 3% will come with the news
Another 6 +14 = 20K to add today so far. |
There was a few small buys during the day, but now a large buy 14k
15:18:50 14,000 409p |
Will BOOM start moving forward also? ..... Tech stocks jump as Trump unveils Stargate AI project - Wed, 22nd Jan 2025 12:31 (Sharecast News) - Shares in tech stocks jumped on Wednesday, as markets reacted to Donald Trump's artificial intelligence joint venture Stargate.
The new US president unveiled the multi-billion dollar AI infrastructure project late on Tuesday, in conjunction with partners OpenAI, Oracle and SoftBank.
The White House plans to spend $100bn on technological infrastructure projects this year, and up to $500bn during the four-year term, although full funding details were not provided.
Announcing the deal, Trump said the "monumental undertaking" was a "resounding declaration of confidence in America's potential under a new president".
A number of tech stocks rallied in response. Oracle was one of the biggest gainers, closing up 7% on Tuesday and adding 8% in pre-market trading as at noon GMT on Wednesday.
Larry Ellison, Oracle's co-founder, was present with Trump when the project was unveiled, along with SoftBank chair Masayoshi Son and OpenAI chief Sam Altman. Nvidia, which supplies the hi-tech chips necessary to power AI, was up 3% in pre-market trading, rival chip maker Arm Holdings was ahead 6% and Microsoft put on 1%. Microsoft is a major investor in OpenAI.
Stargate will initially focus on building both data centres and the electricity generation advanced AI requires, the White House said.
Russ Mould, investment director at AJ Bell, said: "Trump is embracing AI and said the US would see more than 100,000 new jobs created in the coming years from multi-billion dollar private sector investment in AI-related infrastructure. "US tech stocks got a boost as investors like the fact Trump is hitting the ground running by talking up AI." |
Took advantage of a sale earlier by someone and did a top-up
1547 shares bought at 406.75p £6,298.37 at 11:21:24
a bit cheaper than the 408p asking earlier |
Sellers getting robbed again. It is actually hilarious. Big thanks for the cheap top ups. |
400 v 410p With the retracement of 38.2% almost done the bounce back is expected at this point. The cycle of up and down goes on but now is the good time again. |