accumulation target

The accumulation target from last week is continuing to be in place this morning and accumulation is going on quite heavily.
The buy side today was extremely meager but share price was not allowed to fall below 4.8, same as last week.
This shows that market depth seems to be a tool to control the share price breaking out upwards but seems to be little informative on the downside as buyers come off side.

To be this close to announcement and to see the target being solidly in place is a very upbeat sign from my perspective.

Without accumulation support share price would have to retreat further closer to ann with people exiting who dont want to take the risk.
Share is being kept steady without trader involvement which sets this scenario clearly apart from last time when we awaited 3M announcement before extension.