Nova Eye Medical (EYE) Chart Thread, page-74

Yeah know what you mean but I think you’ll find that it’s just a market maker adding a bit of liquidity.

If you want to take anything from it, it’s a good thing IMO. I’ve watched this one a fair bit now and from what I’m getting it’s an extremely tightly held stock with only very light volume in selling out. It’s one thing that’s so important to determine soon after a huge breakout. Really helps to find out if the stock is the real deal or just a hype fest.
Hence the tight sideways PA and not a full on retrace.
But also, note that there is very little buying volume so demand has dried up.

Set your alarms on the 15 min volumes, a spike in those could be telling.

All just my opinion.

Cheers.