don't be fooled
there is a reason why it dropped over night, cause during trading day smart money could not manipulate price down so easy and cheap.
They just pile up more.
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Using KNN networks for swings and trends on daily basis.
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118062799 : so you think ppl sell making losses and want to buy back lower to cover losses?
JonSnow OP 118062799 : What do you want? Who did sell? Who made losses? Who is buying back? What are you talking about kiddo?
118062799 JonSnow OP : certainly there is more ppl selling than buying otherwise stock wouldnt fall….
Jeronimo99 : Or maybe the results were terrible and too much undelivered promises?
JonSnow OP 118062799 : Well, that isn't always the truth. But yes, to simplify it, one could say that.
JonSnow OP Jeronimo99 : Price discovery is more complex than just that, price can fall although more people are buying than selling.
Basically, to think in people is wrong from the start, one has to think in transactions.
There is many mechanics at play, even down to virtual hedging and so on.
咖波猫 : It drops because banker decided to pull out, they are the only one that can shake the prices
JonSnow OP 咖波猫 : right, they are the manipulators
JonSnow OP 咖波猫 : If you can't make money playing fair, one has to play dirty tricks