Interesting set of algorithms in the mkt at present. My guess...

Interesting set of algorithms in the mkt at present. My guess remains that most of the triggers are to do with volume and limitations around the day's t/o. The sellers appear to be day traders - for some reason no-one seems prepared to put their size openly on the screen - Can't figure why as the algos don't get scared by other people's desires - they are automatons!
Even with the black boxes ticking over in this player (on the buy side) I still reckon that we will have a look at $0.80 again in order to form a solid base to then retest $0.93 - MACD clearly flipped over for the first time since $0.45 which is why I could imagine some short term weakness.

Robbo