Level 2 Tape Reading Demo

This scenario demonstrates absorption at support. Watch for a large bid (10,000 shares) at $100.00 that absorbs selling pressure without moving or cancelling.

Key observations:

• Large 10,000 share bid stays at $100.00
• Multiple sell orders execute against this bid
• Bid size remains constant (doesn't decrease)
• Price holds at the support level

This is a bullish signal - a committed buyer is defending the support level!