Personally I just think its a case of the 4c test yielding too many sellers willing to profit take. With selling volume like that it kind of means its not quite ready to run.
So what do the heavy lifters do? they can drag props, potentially throw in a cap or 2 all to help the selling process along.
Whilst there was quite a bit of selling, in the context of the accumulation yesterday and this morning it is considered relatively low volume, hence bullish.
Im still giving her the green light. IMHO only.
VIL Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
