I’ve noticed some capping orders at 53-54 this morning (and other days recently on this pullback) now they have moved up with the price moving up from 51.5 to 52.5c
Keep an eye on these - they may move up if we go higher.
Usually a sign of people wanting to make the sell side look heavy as they want to influence holders to sell because it looks like there are large sellers around. This is a technique used by short sellers or someone wanting more stock lower..
if they disappear as we move higher it’s a sign this theory has merit imho