This is good... we have some cooling off starting the dark green bars have appeared, the macd is diverging to the signal but the signal has been in a northward trajectory for several weeks now..
When a sell signal appears it will likely be short lived.. the ave volume over last two weeks is steadily churning the available float.. the course of sales over last few days tell me that retail are likely selling off bits and pieces, non usual brokers are picking up but I’d need confirmation in three days on the broker data..
The uptrend direction is still very strong.. my opinion we will see (and I believe we have started to see) some flushing of holdings from those converting options and the share price will bounce around the 36.5-40c mark.. then the next leg up..
Here’s the vitals from today’s trade, I’ve highlighted what I think are the take always and it confirms what the SA is telling me..
@Stonemad101 this should answer the messenger question you just sent me
