ELE 0.00% 0.5¢ elmore ltd

Massive accumulation.

  1. 19,512 Posts.
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    Today, (1st Sept) saw massive accumulation imo. The volume was massive on the options and they closed at a premium to the heads which were closed lower at 1.5 cents (25%) instead of 1.6 ( 33%)........the volume left on the sell side is thinning out nicely.

    The heads....57 million volume.......quite significant imo. Low was 013.......yesterdays close was 012.......at this level there is no gap on the chart......!. Also, the high was 017 and there looks to be a larger seller trying to hold it back....thus the 015 close for appearance sake after the speeding ticket.

    This has legs left imo!
 
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