Volume turned up after a consolidation period since the last time it traded around the 1.1 area ( August 20th )
Big volume turned at the resistance zone of 1.1.
10 million units traded @ 1.1 = game on, volume setup @ 1.2 for a break out above resistance
16 million units traded @ 1.2
The volume and price action would have popped up on a few traders intra day scanners and they joined the party.
Broke out, and bumped its head on resistance ( 1.4 )
Will take some work to get through this area, more soaking required @ 1.2 and 1.3.
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Or you could just ask @Assumpta they seem to know everything.
I just follow the action and have a big list of stocks that i watch for any volume appearing, especially on previous runners coming back of lows or support area's.
Cheers
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