Plastic2Oil Inc (PTOI)

[jimmenknee]

This is an oxymoron IMHO:

... whoever is buying is clearly able to absorb anything and everything. ...

All buys "absorb" sells so the statement is nonsensical on its face-- the true test would be to "absorb" the volume and maintain the price level. That clearly is not occurring.

MFI 3-Cycle has dropped to the floor and stayed for more than 1 session. When that 3-cycle indicator starts its up cycle, then you can attempt to argue "absorption" if the subsequent 3-cycles support the 21-cycle (monthly indicator) before it collapses (drops thru the 50 line)-- if indeed "they" (they being the "whales") continue to "square off" against what is "clearly" selling volume (ChiOsc reading of money flow out) IMHO; absent that...

the alternative desire would be for the seller(s) to back off and let it breath...