I received a trade record from my student where he traded 130 Lots of Sembmarine when the stock was in collection mode. It was 2.04-2.06 before the price ran and then all of a sudden the buyers came in to buy up the shares. The buyers were relentless as they just gobbled up shares with big lots and keep it for higher price to come.
Between 1.45pm - 2.20 pm, there were huge transactions done as circled at the bottom. The Big Boys came in and more retailers joined. The next thing I knew was the stock started to show some fireworks and breakout above the collection point. It's currently testing the wall the fifth time and I think there might be a chance for higher price to come. Let's see. Congrats on your $5200 unrealized profits.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
