Oh I don't know, box 6 lasted for 79 days. So far box 8 has only been range trading for 56 days and 37 of those have been below the center ($0.20 - 205) so if they have been accumulating the whole time then they have been getting them below that level.
These figures are from my eye popping number crunching yesteday.
In Box 7 so far there has been 69,597,377 shares traded.
There has been 28,991,420 traded above the center for an average price of $0.215. These I consider to be selling.
There have been 40,605,957 bought below the center for an average price of $0.187, I consider that these are the accumulated ones, some of which are sold above the center for a profit.
Obviously they wont all be traders but when I do the math there is an amount of 11,614,537 which I would consider to be the ones that are going to be held for longer term either by traders who stuffed up or others taking a longer term view.
This may all be just wishfull thinking but the numbers are interesting & will probably just drive me mad in the end.
All the other boxes I have on the chart show similar patterns.
PSY Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
