ACN 0.00% 28.5¢ acer energy limited

New Hope, page-8

  1. 7,948 Posts.
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    Im not convinced that athird party isnt accumulating already The sp should really have kept going up based on Fridays finishing figures There was a very clear break away in the fast moving average of The MACD It went clearly above the top bollinger line and a high proportion of the sales seem to have been in nicely rounded figures i.e. 10,000 not carry extras as you would expect if a speculator was throwing every last dollar they could find at it but come monday It didnt go up again This suggests to me rightly or wrongly that, and I have never done any training in TA, the sp was being kept down somehow by clever accumulating I have no idea how

    THIS REALLY IS SPECULATION ON MY PART AND SHOULD BE TREATED AS SUCH
 
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