Highfrequencytraders
MMM Starts BottomMMM had a massive High Frequency Trader gap down in April, but has now found support at a previous low from 2016 that is a fundamental support level. Massive Smaller Funds Volume Weighted Average Price selling occurred after the gap down. The bottom has shifted the trend to the upside.
UTX Heavy VWAP ActionUTX recently had a High Frequency Trader early morning huge black candlestick, which triggered Smaller Funds’ Volume Weighted Average Price orders. The Buybacks have struggled to maintain price at the support level, which is around $121.
CERN Stalls at New HighCERN has shifted sideways after a breakaway gap by High Frequency Traders followed by a momentum run upward. CERN has now shifted sideways, which can provide a strong support for another momentum run.
UTX Collapses on High Frequency Traders’ Volume Surge DownwardUTX was under heavy selling by High Frequency Traders for 2 days. The runs down ended at a weaker support level. Sell short traders should consider this a risk area for a bounce, due to Buy to Cover orders from Professional Traders closing sell short positions.