Your opinion could be quite accurate ff22. Since rally started on Aug 6th peaking on Aug 24th, 325M changed hands mostly on accumulation.(50M approx. by BPT).The descend started the following day Aug 25th with a sell off mostly of around 245-250 Million untill Friday ,Sept 4th.(sell off started mainly by BPT's 22 Million shares prior the ann.of too tight oil).What these figure indicate is that there are 75M approx. of shares bought above 6 cts holding the price where it is.
The share price is around 200% of what it was before Aug 6th and has found a new floor since Sept 4th of around 6-6.5 cts.
If BPT absteins from another sell off ,we could see price apprecciation from here till the end of month .
SO,MO,MACD coming primed for the nex advance imo.
DLS Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
