The SP closed 30% up for week ended 23 May on a total volume of 14.7 million shares (23 May accounted for 9.4m shares and 18% up on previous session on 22 May)
The SP rise continues this week rising another 31% Monday thru Wednesday although the latest rise on Wednesday has moderated to only 3% compared to Tuesday's close. The volume transacted remains high on average totalling 29.7m shares for the 3 sessions (3 times more than the whole week last).
Price rise on a rising volume is a BULLISH signal. The logical reason for this trend is the impending announcements which are expected by the market to be positive for the Company.
Wednesday TNG appears to suffer a little hiccup but the SP still managed a new closing high. I have a good feeling that the SP will continue to trend upwards as the TH for the announcement is imminently close.
What happens to the SP after the TH/announcement will depend largely on the substance of the announcement. We may perhaps meet the adult TNG and not teen TNG sooner than we think or hope for
place your bets, page-38
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