The chart is a tale of two haves evolving from somewhat chaotic to almost precision tailored ... dont know which I prefer
We can attribute this to growing market awareness as new participants join the registry
They alter uptrend changes slightly and so Ive tweaked the the green parallels seeking out the consensus and they've suddenly snapped into place in aligning with more touch points.
What ensues next week may obliterate this tailored uptrend and hopefully to the upside on news.
Today we fell victim to some light friday selling pressure made evident by a VWAP at 5.7, but a close at 5.4,,,that says it all ..most the accumulating was done higher up
Volume was similar yesterday where VWAP sat at 5.3
Rising VWAP unearths the underlying strength here.
