By the kicker I mean the following description....
This relates to observations of Level II bid and ask movement as per size, volatility and from which side the action is moving to. Right now it appears to be neutral... such that buyers and sellers are calm except the previous few days there was a bit of a dump and this dump can be significant in that it can precede a reversal.. that day or a few days into the future... and it would be hopeful that that it swings that way and often does if the next observation holds.
I have observed commercial selling demonstrate singular person human reactions of impatience such that the last bit of selling was a clean-up of orders that was decided to be sacrificed to move on to the next manipulation..., and it created a dip that can at times be the kicker where the last of the downside switched to a different direction..... ( as in pulling back to the upside in motion) and the trading could get some some up ticks that holds into weakness
I just took a peek at the latest trades on level II and the sells are looking much better for a positive surge to old and maybe newer highs... If the crowd does it's homework it would see that this operation (NMX) has nothing but good press and holds many positive market motivators.
Right now...............
This the moment .... the point (start/beginning) of la pop ! To be truthful it is fifty fifty at best until the direction has been verified to act on the call.... however I did place a bid for 20 k at .165 to play with the lower ask that was at .165 ..... on the order execution I picked up 18000 immediately and 2000 sat there at .165 for a bit... of the 18000.... 3000 thousand was not even shown on my level II... just a coincidence or was there some type mini iceberg... at any rate an entry placement at his level of support and strength... should bring a few bulls if the asks aren't too aggressive and I would think is a low risk high reward entry point potential. Of course at your own risk.!
Dave GLTA
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