$ALAB gapped +7.3% at the open and promptly got hammered — now -8.27% off the intraday high and about to flip red.
Dark pool tells the real story:
• Net DP flow: -$39.54M
• Tilt: -8.4% (uptick $215.6M vs downtick $255.1M)
• DP share: 58.0% of 3.28M shares
• 7 of 8 thirty-minute buckets negative
• 66% of DP volume traded below DP VWAP
Price now at $326.31 vs DP VWAP of $334.44.
The gap was distribution, not accumulation. Someone used the pop to unload size in the dark pool all session. If you chased the open, you're underwater. If you're long, the tape is not your friend right now.
$ALAB $QQQ $SPY
Dark pool tells the real story:
• Net DP flow: -$39.54M
• Tilt: -8.4% (uptick $215.6M vs downtick $255.1M)
• DP share: 58.0% of 3.28M shares
• 7 of 8 thirty-minute buckets negative
• 66% of DP volume traded below DP VWAP
Price now at $326.31 vs DP VWAP of $334.44.
The gap was distribution, not accumulation. Someone used the pop to unload size in the dark pool all session. If you chased the open, you're underwater. If you're long, the tape is not your friend right now.
$ALAB $QQQ $SPY