Congratulations to the seller and/or seller(s) who succeeded in creating two bearish patterns for HTX.
Yesterday we had a hanging man candlestick. The stock may have closed at 17.5c yesterday but the entity concerned bid it up just enough to close it at 18c thereby creating a hanging man pattern.
Today the entity(ies) closed the stock at 15c by dropping 250k shares for sell at 15c literally a minute before CSPA. The timing was very deliberate, to give as little time as possible for buyers at 15.5c to build and take up what was on offer at a higher price. That resulted in a black marubozu (open at high close at low).
Hope the fella or fellas are proud of themselves.
HTX Price at posting:
15.0¢ Sentiment: None Disclosure: Held