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LastBattle
Dec 22, 2015 2:56 PM

Massive accumulation going on here Long

Description

about to break much higher

30m:

Trade closed: stop reached

Whoops... stopped just when I posted this.
Looks like this is a result of warrants, and dumping directly into the market.
Comments
ChimbOt
I see no signs of accumulation on this one.
When price drastically drops, cheaper pice warrants higher volume.
Look for a combination of wicks/ long consolidation (basing) / suggestive order flow/ With volume.

Good luck :D
LastBattle
Actually, the price went up 4% at the time of warrant unlock giving me the false impression of a buys there.
Strange, if there was actual dumping going on...

but lesson learned :) At least I've tight stops around...
LastBattle
Got to check the date of warrants if any, when trading near penny stock in future...
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