...I'm not convinced that the highest volume day in almost 10 months constitutes a "low volume day"...
Of course charting isn't useful if you only look at one day in isolation you look at it over a period of time.
Tight bollies, large accumulation, low volume sideways movement, then a large breakout on the upside on very significant volume.
Just putting those indicators together ( without taking into account upcoming newsflow) suggests a bullish movement to me.
IMO.
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