Fibonacci levels traders would like that today opened and closed at the 0.382 level. Pattern followers might like the Doji close. I like the fact supply is reducing daily. Is this the ICX holders/Capital raising beneficiaries running out of stock?
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This 15 minute volume at price chart shows the areas of supply. High 7's is such an area but not much supply down below 7c where previously there was supply.
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T+3 traders would also have provided some of the selling today.
If today wasn't the bottom of this swing, then I think that it is very close.
Just needs some more demand now....
VPC chart thread, page-22
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