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Novice prediction: Are the institutions harvesting retail investors?

Disclaimer: I am a novice, this is my homework and reasoning training for myself. I am looking for a stock that I think has a market maker, observing their operations...
These are some insights I've gained from observing this stock for 2 weeks, purely a novice's personal opinions. Also, it's my first time writing this kind of review, so "there's a high likelihood of being wrong," if you see any mistakes, please point them out, don't scold me 🙏🏻🫡
After observing this stock for a period of time (2 weeks), I noticed some interesting operating patterns.
1. This stock has a market maker who sets traps in the technical indicators.
Targeting bottom-fishing retail investors, day trading investors with T+3. (If you don't have money, you definitely need to admit losses, close positions, and exit.)
Every time a buy signal appears, it's not the profound kind, but the kind that ordinary people can easily understand as a buy signal. It will have a wave, then a reversal.
When reaching high levels, the stock price will be supported at several price levels with increased trading volume, with a turnover rate of over 20% or 30%. Afterwards, the volume decreases (observed on 1-minute to 30-minute candlestick charts).
When the stock price lacks downward momentum, it will have another wave with increased volume, and then distribution to retail investors at high levels. (Observed on 1-minute to 30-minute candlestick charts).
Novice Speculation:
[This is a three-day candlestick pattern, with the basic pattern being a morningstar indicating a bullish outlook, forecasting a strong bottom reversal.]
First day, a short-bodied bearish candle.
Second day, the candlestick forms a doji, where the closing price is the same or only 1-2 price levels different from the opening price, regardless of the high or low close.
On the third day, with a gap up open and close and a similar increase as the first day's bearish candlestick, the Morning Doji Star pattern may form (generally) and it is a good time to enter the market at the close.
My strategy: I assume my guess is correct, and the market maker is indeed setting traps based on technical indicators.
"If" the closing price today is between 0.385 and 0.375, and the candlestick forms a + shape, it indicates the Morning Doji Star pattern for the next day.
Therefore, it is speculated that the market will open higher tomorrow. If there is a higher gap up open in the first 1-5 minutes on the chart tomorrow with increasing volume, reaching a high level (the highest high and low of the day before yesterday), the price will consolidate at a few levels with high turnover rates of over 30%. After that, the volume decreases, followed by a period of 30 minutes, then another increase in volume near the same price level. I will definitely not follow this, because it is likely a manipulation through charts to make retail investors think the Morning Doji Star pattern is forming and it is time to buy the dip. If the volume on the 27th is higher than the 26th, or even higher than the previous Friday's close, then I would consider it breaking the historical low, heading towards 0.33. I believe this has already scared off some courageous traders. If the market makers test whether there are fearless traders, they may push the price down to 0.3-0.28.
This will be completed this week or next without significant bearish news, and if there is positive news, there will be a rapid rebound, catching everyone off guard with a sudden bullish candlestick.
Finally, my story comes to an end. Please leave your comments, advice, and guidance. After all, I am a newcomer, so please be kind with your criticisms 🤝
Novice prediction: Are the institutions harvesting retail investors?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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