Fatlad20 Aug 2014 13:06
I wouldn't put too much into buys and sells - they are simply an indication of where the price hit in the bid / offer range. Eg we have a spread of 114-115, you buy at 115 it shows as a buy, the spread moves to 115-116, you execute another deal at 115 again, this time it shows as a sell. It's as simple as that. You are also looking at market dynamics - someone may be willing to buy a huge chunk at 114p but refuses to go above that price so what you will see is a lot of deals at 114, the price moves up, they stop buying and volume drops, the market then 'seeks' a level where there are buyers / volume and we end up at 114p again.