China Technology Global Corp (fka CTGLF)

[alan webber]

Re: Where is the volume today

today is a resting day. The best thing for a long term move up is to have higher volume up days followed by lower volume resting or sell off days.

This shows that there is big buying interest and that when it sells off those buyers are holding while the small traders exit. Then after some time the volume kicks sin again as but long term buyers add and traders but for a quick move.

I think most people easily see that the stock was at .30 a year ago so know it is going there but short term traders will not tie up money more then a couple of days.

That can work but you need huge volume move stocks like today on USXP it ran up yet again on huge volume right to the trend line and 200-week EMA and a perfect time to sell for that one. It was up 136% on the day - dropped to 36% and is now 46%. SO on those you can trade in and out but not really on CTGLF as volume is much to light. USXP as a tiny price stock has done a billion shares already today.....

So on CTGLF volume will return once people are scared that the pullback is done and they do not want to miss the next run... then they scramble to try and get in