RE: Come on13 Sep 2018 16:29
The colours are not correct (as usual) it is showing on money am as only 1.3m sells and 4m odd buys. However it is really about 2m sells and 3m buys! So about 2/3 of the trades are buys with strategic sells to keep the share price where it is. So, is there a big order being filled? Is it Sigma in the background, buying more?
When 2/3 of the transactions are buys, there is obviously upward pressure, yet we are treading water!
The market rules of supply and demand are simple- less stock available and more people buying then selling should see the share price rise! SIMPLES! But it seems that it is the MM escort service running things, lol!
Once this order is filled (assuming there is one) or they suck up all the sells at this level, we should see a gap up?
Can someone have a look on L2 and give us an idea of what is happening, pls?