Previous day action was reasonably interesting, the close was very positive rising around 30 cents in the CSPA. It also held above the previous day's lows, which implies some buying strength.
Today is the real test, MUST hold above $40 (which its sitting on as I type) and finish a bit higher than that to signal a buy. Interesting to note the market has started to turn positive overall, with gold up, so could this finally be the signal needed to turn NCM up along with the UBS upgrade yesterday? And the volume today looks higher than normal, I just noticed NCM in the top 10 listed "most active volume trades", so there is something going on that's for sure.
As for the bot, that is a signal of accumulation IMO, it's a way of buying without setting off any signals and making it obvious they are accumulating, as it is done across entire trading session(s), ie. days, and not just a few large trades in minutes. They pay a lower average price this way, just one of the many tricks the large players can do seeing as they pay less brokerage doing this as well. Lucky them :)
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