I'm working on a theory re Volume.Currently I see that it is...

I'm working on a theory re Volume.

Currently I see that it is unlikely that any Sellers are going out with a profit.Predominately it's Stop Losses + Caught over exposed at the moment.

As I say it's all theoretical and really guessing but I'm using Volume/Price Indicator for some "ideas".
Over a month it perhaps gives some inkling on Short Term Traders.
I assume all the under 10 buyers recently have either Sold or bedded down their Hold.I don't think many of these would be taking their diminished profit today.
If they were short term they should have logically gone for 13+.If they didn't? well don't you agree they'd hold on?especially as an average/group?

If these are not selling?then the only Profit Sellers would be from back 6months ago when CXY always was under 10cents.
But any profit taking from this mob surely has also been done.

So what I'm looking at today is that a large Volume doesn't fall into the hands of 10.5/11.5 Buyers that in the near future will be put to sell by the "If I make 5%+,I'm a Winner" brigade ie Day Traders.
I'm in on average 13 cents,looking for a 18/20 move.I'm "discouraged" by today's action but not enough to Ditch.

Anyhow,back2it.
cheers.