RE: Tick Tock, Boom Boom3 Sep 2024 15:02
No one, ever knows the real ratio of buys and sells, as the mm/market print trades only they see as both a buy and sell, so why label, the BUY/SELL/UNKNOWN are all 100% Best GUESS labels after 3rd party sites like this rehash the real exchange print it feeds from. All based on the 3rd party sites dimbo Algo , what it thinks is current mid/range, may or may not be in tune with the real exchange, does not have a clue, on inter spread quick changes, happy as a pig in 💩 as the trades keep falling within its range.
Always more than one buy and sell price in play, some bidding above mid, some asking for below mid, all incorrectly labelled in both directions. As basic and tragic as it comes
Based on Dimbo's mid, all above BUY (Never the case) all below SELL (Ditto) everything else it chokes on UNKNOWN
not mm dark arts/black trades 💩, exactly on ITS mid , delayed trades, or IT sees outside of its range.
It's why many an unresearched poster cries on many a share each week, we have six times the buys to sells and have not moved, as in reality , TRADES pretty even..........GLALTH's
Better guide
Flat , small rise/fall - Volumes pretty even
Large rise, bid being pushed up by buying demand orders/pressure, or pumped for a wonga to exit dump from a high all the way down, often on rinse repeat mode.......
Large fall, the previous bottom level profit sellers, or pump and dump placing wonga's need to Fcuk off...........
Investors in for the journey , the rest just Traders, skimmers and scalpers, investing/dumping on a series of spikes.
GLALTH
📰👀👀👀👀👀👀👀
Bring on the bounce and flush them out, at least for this round of finance, for a market correction to a more realistic value of Bluejay and its assets........