Yep, it hints of heavy accumulation. The float is gettin tighter and tighter.
Imagine what a 2 million+ volume day will do to it now?
I mentioned this to Allspice when he was predicting a .15 decline. He kept stating that decreasing volume is a bad thing. I would normally agree if the company was diluting into the move, however, the chart is our strongest indicator that dilution is not taking place. At least too any significant degree.
My posting contains many opinions. So please do your own research and validation.
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