RE: Biztech Academy- Interview with Zak Mir25 Oct 2023 23:29
Yep, Chartist talk resistance and support.. Its the selling point and entry point..
It ain't going any higher because the big sellers are taking the high, that big volume spike at the peak is the sellers selling large... That 3rd time when they say its going to break out, that probably depends on how low the price dips after each sellout.. if it keeps going low enough to give the same profit next time then why will that peak be breached..
trading large you can make a few pounds each time the high bid is reached, and buying back a little lower..
200, 000 shares sell at 6.1 buy back at 5.9, £400 or 6.05 back at 5.9 that £300,
He1 price looks to have hardly moved, but 2 or 3 times it was possible to do that today, could be the same traders working those high dips ??
But as its bouncing near 6p again people are thinking break out, as those sellers clear or hold...
One thing to do is when at those highs is to hold your sell quotes the full 15 seconds, then maybe run another straight after, if enough sellers appear during that time take the quote before the price drops,,.. or maybe 1 large sells goes through start holding those quotes open......