When you check out a weekly chart, you're entering a high churn zone and you can also see that this chart is riddled with tall wicks so there's a long history of quick pumps and dumps. Just something to be aware of. But also, this chart also indicates that there is going to be a lot of trapped supply wanting their money back so a growth in SP is always going to be a rocky road.
@TrendINV Just means there's a lot trapped at highs but VWAP was just under 8.
Chart Thread, page-153
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