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This is called spoofing. Creating the illusion of buying pressure but sell big lots intermittently to avoid detection. Of course, if you are a paid subscription. You can see the buy rate only 30percent.
Majority of the transaction are done by bots. They can foresee intraday movement from the order flow. Moreover their transactions cost are 5times cheaper than Retailers. So there is no mentality involved here, only computer science and mathematics. Once buyers are stronger, bots will buyback and sell it to those who chase high.
Mtronic focus is not business. You see their past ten years qr already know. Their previous fund rising for making covid test kit products until now still haven't materialize and they start to do fund rising again. This company haven't bankrupt is due to their expertise in fund rising. I am not surprise if they already thinking fund rising activities, perhaps, this time they will upgrade their website and call it version 2.
