Re: Accumulation phase explained27 Oct 2020 14:33
Just to assist sheezers - my play on it from a week ago I posted
Posted most of this previously just my opinion/ theory , doesn’t alter the kings ransom just money been made while preparing to make more money ,
Posted in: EUA
Posts: 2,621
Price: 32.25
Manufactured
Recent EUA market behaviour fully ‘manufactured ‘ in my eyes I’m convinced
So I’m sticking with my Gut & what I see in the numbers over the last couple of weeks ,
. Share price rises pushed higher to 38p by MMs allowing ii out for a decent profit & stock off loaded to investors convinced the deals incoming , clients ,Pi etc , ‘camouflaged’ positivity.
.RNS ‘ drops no reason for the rise ‘ this is used as a huge leverage bar to force the price down & create a negative market sentiment over 3/4 days , until the required price band is reached 27-30p all fully ‘ manufactured ‘& even the possibility of initiating a short position as it drops , CFD , which has been done & now closing out once complete would indicate a direction change .
( in this period & below I note negative disruptive monikers arriving on public boards creating doubt to assist in gaining shares for institutions, coincidental ? Not in my eyes )
. Then the accumulation starts , so kept in that range gathering the stock via false drops to weed out sellers , been happening last few weeks & MMs keeping foot firmly down & accumulating to fill Long orders, ( if you were really sceptical you could say the ii would be reloading for a second bite) the stock is then dribbled on to the market as many medium trades not to create a lift in the share price over a period of days , weeks ( Mia ),once the ‘float ‘ is dry & the nod given the MMs release the break & up she goes when the deal is near , & the elastic is under getting near full tension .
Fully ‘Manufactured ‘ & manipulated to suit MMs & the city big boys market mechanics ,fair playing field , unlikely , & through all this huge volumes of transactions to make MMs plenty .
All in my opinion & no specialist & sticking to it & have noted it on daily updates , not moaning as ridden on the waves just firing it out there for those who are interested
Rums & dodgy winks & backhanders all round