Re: EXC
12.9 mil churned at 4.3, quite a bit at more or less the highs, scary.
The new buyer at this level will have to accumulate a lot of chips if he expects to be able to get sufficient fill then have the skill to push again from here.
Who do you back? The guy that has successful offloaded a lot here? Or the new guy?
Considering all this volume at the high, I'm thinking it's done (for now)
Day Trading April 21 - Morning, page-228
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