I'd say this is fairly normal for many stocks on ASX that are governed by machines. One thing I can tell you was when DLS was making its lows the other day around 60cents the market makers more or less disappeared and the honest market got a chance to play for a while. The disappearnece of the market makers also seemed to mark the low point (turning point) for the stock. (possibly a lesson for next time although the market could have gone any of two ways this week, I think we will be stuck with the bears for a very long time). Also yesterday the market makers weren't showing their hands at open and it seemed to me that they entered in later in the session with a pretty good cap at about 69cents. With the action in the oil price the night before I was expecting a close of more around 75cents but the market makers weren't going to let it rise quite that fast. This was the same for BPT and STO, the machines all capped their rises yesterday. at the 4-5% levels.
Apparently the guys who control the machines aren't aware of my fanciful theories regarding the oil price, but come Monday they will all be swallowing the false narratives and we will see that 75cents if we are lucky.
Called the DLS bounce off 60cents and the bounce in oil. Just lucky I suppose. Luck or insight doesn't really matter as long as it makes money.
Eshmun
DLS Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held