Mick, if you look back at the chart before the previous accumulation and mark up phase, you will see a similar pattern(Apr-Jul 2008). This is a redistribution phase to complete the mark down phase. Following a sell down, there is an automatic reaction back up into which the professionals distribute. It is followed by a period of low volume downtrend, bottom and accumulation period.
The period that you are referring to was the one that I was posting about and calling as distribution at the time.
CEB, I think I called the start of the MARKUP phase some time ago!
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Last
8.7¢ |
Change
-0.001(1.14%) |
Mkt cap ! $277.2M |
Open | High | Low | Value | Volume |
8.8¢ | 8.9¢ | 8.7¢ | $308.2K | 3.520M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 66718 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 111563 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 50000 | 0.087 |
3 | 1051627 | 0.086 |
9 | 286708 | 0.085 |
7 | 568916 | 0.084 |
7 | 1701881 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 111563 | 2 |
0.089 | 117521 | 2 |
0.090 | 22250 | 2 |
0.091 | 37359 | 1 |
0.092 | 78508 | 2 |
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