CBD Denver Inc (CBDD)

[BOS]

Oh it's been covered numerous times in the reference to the chart and assumed some know what it means.


But I'll recap for you. 000-0008 pulled back to 3/4 consolidated.... 0004-0008 pulled back and consolidated.

The very nature of consolidation is decreasing volume in downtrend/consolidation and increasing volume in uptrend.

The bid selling volume has come to an almost stop, hence decreasing volume in a pullback. If you pay attention to buy side volume the last few days Vs bid side volume, the market is telling you which way it wants to go.