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Vandalayind

05/07/19 11:07 AM

#48836 RE: Chas42va #48812

1 million shares...150% of the last daily average...

Daily average dropping for months...above daily average, below monthly average.

ADL and OBV both trending down since 3/25 and looking to break support.

That recent uptick in volume is people selling.

PPS skimming the 200. People selling for close to break even. Action picks up and price keeps dropping, then people will be selling for losses. No very confidence building.

Today's volume says no one bought the bounce yesterday, they sold in to it.