I assumed traders were behind the recent buying activity but the...

I assumed traders were behind the recent buying activity but the fact that there was ample exit liquidity sitting there at a reasonable price and nobody sold into it all day has got me feeling really good about the recent buying event and that we have investors buying and holding not traders.

Side note,
Today on the daily chart we had the 20EMA move above the 200EMA (although is was on small volume)
If we stick around this price or move up from here soon the 50EMA will be crossing the 200EMA or as some call it the "Golden Cross"