RE: 2 x 240,00 Trades today12 Sep 2020 10:53
Rebel, the two 240,000 sells are recorded as sells on the site because the trade price is closer to bid than the ask. In the case of the 2nd it is the same as the bid.
Sure it is a good indication that they are both sells, but it is very dependent on how accurate the bid and ask figures are.
It is also a tad unlikely that most of the sells are attributable to just two sells. It might indicate that a bigger player has reduced their holding, but that does depend on both transactions on being sells.
As I have mentioned throughout this last nice rise, it's best to be level headed, take responsibility for your buying and selling decisions and don't rely on others.
One other thing is that if a person is making a profit they are not a mug for selling now. The name of the game is to make profit, if profit is made then you are winning. If you bet you lose when you lose and only an fool kickes themselves for not having doubling the stakes when they win.