Jul. 21 at 12:47 PM
$VG Morning micro Algo's hard at work, but morning algo pressure is not always Bearish.
It’s common for Algo's to test liquidity in stocks with rising momentum, increasing volumes, strong institutional interest which is not bearish. VG’s ability to shake off the fade and push to
$14.61 is a sign of strength.
If algos could truly suppress VG, it wouldn’t have closed +3.55% the last few days.
Real suppression would keep VG pinned all day, but VG keeps breaking through, making higher highs, and closing strong. That’s accumulation, not suppression.