RE: Heavy buyer in the background28 Jan 2022 09:06
A black trade is where LSE's algorithms can't determine whether it's a buy or a sell; that could be because either a) it's on the mid-price, or b) the share price is moving quickly and mid-price can't be determined accurately.
Looking at the chart, the RSI index is showing this very oversold. The last time it was this low, in the middle of December, it rallied from 1041 to 1279. Looks like a strong buy signal.
RE: Fresh week in volatile markets24 Jan 2022 09:32
Wow, CTC, I wish I had your nerve! I agree about the possibility of a rally on ADV, but I can't bring myself to actually put money on it. Same thing happening at AMGO this morning?
Dead cat bounce / suckers' rally. Wise traders and investors know about this phenomenon. There's alway a rebound as people look for bargains. But it's risky, as the share may be fatally wounded.