Cache Inc (CACH)

[SANDRA11]

Take a look at the daily volume since it started going up.
On days that she moves multi 100 percents the
Volume spikes, and on days like yesterday when
It's down, the volume drops to 1/3 !!!
If that is not accumulation, Then I don't know
What it is.
In a pump & Dump scnerio that is the opposite.
Another words on the way down the volume spikes to 3 times as normal as they are dumping.
She is consolidating to move higher.
The chart is an screaming BUY.
It may go below a penny again this week, but won't touch our low of last week.
Another words Higher Highs, Higher Lows are
In order. At this rate it may take 4-6 weeks for
It to make a major run. But it is a classic set up
For Cup & Handle.
I have only been trading for 30 plus years.
Let me know what you think.