Looking back to mid Feb its pretty obvious now that its been a steady accumulation by @Daning
Seriously mate let them run up for a while.
Just joking mate, but apart from a couple of large volume days which were not even that big, the sp has been held in check between $0.044 - 05 with just a couple of over runs either side.
The supply coming in to stop any rally gathering momentum can also be clearly seen.
There was a 7 day period below $0.044 where vol was relatively low & they were snapped up & probably sold for a quick turnover.
Todays volume & rise may signal a short term run again for someone to make a dollar but overall I think until we get a deal done the sp will more than likely stay in the same range as the prev 3 months.
I am not getting excited yet. I want to see it bust through the ML of the blue fork with decent volume & maybe a wide spread bar or two. I havnt run my volume anaylsis for a week or so but will check it out.
All in all I think we are in a good place now & just need to hear some good news, even a rumour or two would be nice.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 448000 | 0.010 |
4 | 433817 | 0.009 |
2 | 190682 | 0.008 |
2 | 964356 | 0.007 |
Price($) | Vol. | No. |
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0.014 | 100554 | 3 |
0.015 | 211149 | 3 |
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