one guess who is selling, page-26

There are plenty of sellers.... Still

But it is the buyers that are the important factor
at this phase ...

here sellers = The impatient, bored , scared...



But the buyers ?

They definitely are there (atm ) and they are accumulating (atm )
There buying does take out the available supply

Does create breakout patterns , like the other day at .44

But what so far invariably forms is a ceiling ..
Buyers back off and a small selling wave takes the price down.. where the buying is good again..


yes .375 has formed as a point of support
.435 has a point of resistance

atm price activity having narrowed is broadening again

Why a ceiling and not the breakouts

Not enough sponsorship ?
ok good buying would not resume
too many double bottoms

Maybe too many easy shares still available to buy of the impatient , bored and scared ..
and many weaker buyers are on the sidelines..

That is how I see things from the action of the stock.

good to keep a bigger picture
Weekly and monthly charts for example don't look to bad at all..

As of the moment
motorway