I agree with you concerning accumulation of LFBG. If you look at the trading pattern reflective of PPS and volume runs, each run tops out the PPS at an “Over-sold” condition and pulls back and levels out with low volume and a PPS approximately double the PPS prior to the run. This pattern repeated itself with PPS consolidation four times with bottoms of . $.0011-.0022, .0022-.0042, .0042-.0086.
I believe this pattern will continue to repeat itself a few more times with more frequency until the end of the holidays.
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