Replies to post #243969 on Avid Bioservices Inc (CDMO)

[Protector]

JJPK, I told him that but on that precise topic there was no reply.

No big deal because Clay didn't attach any conclusion to the PPHM volume thing. He just said one wouldn't expect that and that one would not expect the volume to go down (or was it that one would expect the volume to go up - which is the same).

Possibly he overlooked the 1/2 day volume comparing against full days(he was travelling). If we double PPHM's Fridays volume (as a guestimate because that is of course not exactly correct) then the volume of Friday was HIGHER then the volume of Thursday.

And, if we make higher high, no matter how much we will hate it we will make higher lows and there is no way to do that then to go down at some point.

Ofcourse that doesn't mean we can first build some more at the higher high and come down while staying above the 200MA on daily bars to make our high low.