RXP test has shown up. Normally my buy would be 81.5c (tick above high of test bar), however there is a large amount for sale at $0.82 which makes me feel uncomfortable executing such a position. I know people go on about cappers, fake orders and market depth being misleading...... but to me it looks like a lot of work will be required to distribute these shares and so I shouldn't be making an entry until they've been removed.
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Wyckoff trading method, page-1674
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