$BHC reposting for discussion. This gives a good summary of the block trade action in recent months. The examples in the link point to two things imo. 1. The price of the larger block trade volume act as a support level. 2. There is a lag between the block trades and the directional move of the stock. I see about 2-3 months which could line up with quarterly disclosure requirements of institutional investors. I haven't seen any notices of institutional holding changes in Q2 yet that would explain the block trade volume for BHC. Thoughts?
$BHC as seeing repeat and unusual activity via the Block Trade Market since April 2020. This bodes well for a large directional move in the coming weeks and months. How to interpret the attached chart: traderlion.com/tl-moneyflow...
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