50 Day M/Average 4.74
200 Day M/Average 5.43 (today 5.74 and is day 2 above this benchmark)
Significance is more likely in the volume story 83,000 -
- 36,000 + 47 ,000 over 2 trading days with associated price action over 20%
- New (recent) Break out highs on associated very strong volume
- Previous breakout volumes were under 2000 vol/daily and as we all know did not hold, although it should also be noted that the following price declines (after the breakouts) were not supported with strong volumes.
- Current volume and price actions are a significant change in trading actions.
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