I didn't take a screenshot of level 2 for SWIM the offer was
about 40,000 shares at 3.5 exactly before it was taken out
but here's a couple past examples of what I'm talking about -
huge level 2 sell offers that happen to match up with resistance on
the chart, once that big seller gets taken out, the stock generally
pops
SRNE had a seller with a sell order of 275,000 shares at 11.00,
which happened to match resistance. The typical offers were only
800 - 1500 shares so that make that 275K offer huge relative to
anything else
JFU had an offer of 110,000 vs the typical few thousand share
offers around it
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I didn't take a screenshot
SWIM
Posted by matt on 21st of Mar 2024 at 10:34 am
I didn't take a screenshot of level 2 for SWIM the offer was about 40,000 shares at 3.5 exactly before it was taken out
but here's a couple past examples of what I'm talking about - huge level 2 sell offers that happen to match up with resistance on the chart, once that big seller gets taken out, the stock generally pops
SRNE had a seller with a sell order of 275,000 shares at 11.00, which happened to match resistance. The typical offers were only 800 - 1500 shares so that make that 275K offer huge relative to anything else
JFU had an offer of 110,000 vs the typical few thousand share offers around it