RE: What do we think leading up to 30th9 Jun 2025 20:39
Meat on the bone, absolutely needed to keep the pressure on the mm's , they have played every trick so far when the S.P. has tried to move up. They will continue to manipulate the numbers from day to day if given the opportunity.
So before we get ahead of ourselves about the S.P. heading towards 1p look at the fundamentals that cause this constant stalling and retrace, by understanding how they operate we can all learn to stay calm rather than panic sell because of the illusions they create.
We can start by looking at the facts from todays trading
Today's sells and buys
Vol Sold 65,697,616
Vol Bought 99,665,481
A healthy number of buys ,..but the level of sells gives the mm's opportunities to create doubt,.. yet people make the mistake in thinking the shares are being held by "sticky hands", today's trading would suggest otherwise,...many people are taking profit because they have learnt from their past experiences that this may well drift back.
Meat on the bone would most definitely break the cycle of "profit take, wait for the dip",... interest from new investors continually adding momentum would make people think twice about selling adding more pressure on the mm's to let the S.P. rise.