Your question open-ended, atho.
We could argue the toss forever.
Low volume normally means low interest and only small movements. Up or down is secondary.
I don't think it is at all rational to argue that low volume must equate to movements up OR down.
The real question should be, I think, "Why do we have low volume?".
Oil is moving about, warrants are expiring, announcements are coming, this is one very exciting stock.
Low volume has me bemused.
The average volume recently has been a little over 2mil.
The odd day is lower and this looks like one of those.
No need to panic. This is a buying opportunity to my mind.
T
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