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Yes, even this share trend pattern still go down, operator put fake support to lure retailers in, then press down the share price by cancelling the buy order in fake buy queue by the operator, Stanley 118. HONGSENG is an example.
Well, it’s simple. They hv maybe more than 50 人头 accounts to push this counter. keep on pushing up the stock their average price will definitely go higher (they hv to create fake chart and good momemtum to bare u in) and stock on hand increase too. End of result
maybe 30-35 acc have dispose all and secure profit at 50mil, the left acc cost at maybe 10mil. So the remaining acc mostly will net loss but in order to reduce the loss and sold the majority of shares. They hv to create support and bare more ppl in to buy for rebound. At the end, tickets can clear all loss reduce to 4mil. But mission complete ticket all clear, 50mil-6mil. Won 44 mil.
So ppl who leave comment here to buy for rebound and intend to make 3-4bids then run, u know what kind of traders are they. Because in the market u will easily find a stock that can make 3-4 bids and not afraid of sudden water fall but instead they choose cfm. All claim mao make chicken rice money saja.