our first bar was a wide spread upbar closing highish on almost 9M in volume (okay),
followed by a narrower down bar closing middle on a tad over 7M, (don't like it when it does that, like having a similar or bigger volume as a down bar)
3'rd bar ended being a narrow little UPBAR on the smallest volume all day, ahhhhh, like a no demand, ahhh
followed by a hidden upthrust to close out our first 2hours of trade, this bar was on a bigger increase in volume, making a higher high of the morning but CLOSED ON IT'S BUM,
currently were breaking down from our previous bars high of 1.165, this is the effect of the weakness that we spotted coming from the 2bar of the morning well over an hour ago
now we just have to watch for any lessening of the volume, that is if it finishes as a down bar (still live bar) course it may just dip down cause of this weakness before closing okay
don't want any increase in volume to the down at all, or any decrease in volume to the up, easy hey
P.S. it appears as though we'll have much less volume today and as an upbar, no good
LYC Price at posting:
$1.12 Sentiment: None Disclosure: Held
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