Seems like accumulators are happy to take a line or two early to grab attention and then sit back and wait for sell side to build or get filled themselves on the buy side.
Seems they are not in any rush to push it too far too quick.
Perhaps they are milking stock from the placement-getters and/or relief sellers who got a fright over recent weeks.
Sellers at these levels might dry up at some point - hopefully before accumulators are fully set.
Talking through my hat maybe but they are my thoughts atm.
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