Carrera if you take a look at the intraday 5 min chart you will see that:
All the up bars are backed by volume All the down bars are low volume The buying comes accross as genuine buying. The selling can be seen as low volume testing designed to draw out latent supply.
This has been the pattern for the last few trading sessions and looks like genuine mark up.
I would expect further testing for the rest of the day with the day's close being the key to further continuation tomorrow. It will be interesting to see how deep the testing goes before the buyers start to move in again.
BLT Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held