ilmscore | Prediction Details
"we know that stocks that are under 75 cents on the prior day close will halt How often every 15 cents and this isn't every time it goes up 15 cents but every time it goes up 15 cents in um less than 5 minutes from the the reference price so the way the reference price is established on a stock like this is we have um and I'll just grab my green marker here so we the price is moving up um so it moves up a little bit let's say it dips down I'm not going to do full candles you get the idea these are supposed to be candles and it moves up a little bit right here so the reference price for the halt is the average price over the last five candles so 1 2 3 4 5 average price equals sum divided by 5 reference is going to be about here so now for this stock to get halted it has to actually go up plus 15 cents plus 15 cents from the reference price so if the reference price is 88 cents here then it's not going to Halt until it hits a13 right it's got to go all the way up to that level to Halt and needs to do it quickly because if it moves slowly the reference price keeps updating how often every 30 seconds approximately so every 30 seconds the reference price is updating so in order for a stock to Halt up it needs to really pull away very quickly"
By Ross Cameron - Warrior Trading | November 12, 2024 | Pending
From video
Big Momentum with $FOXO +774% and $BTCT +350% 00:08:03 - 00:09:36
Interpreted Prediction
Stocks under $0.75 can halt every 15 cents within 5 minutes of the reference price, which is the average of the last five candles. The reference price updates approximately every 30 seconds.

Prediction Details

Topic
Stock Halting Mechanism

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