Sometimes the best way to rally a stock is bid walls that eat weak hand shares, until they run out of shares, and runs off the day daytrading bid whacker crowd.
When the volume drops, it is time walk up the bid into lunar orbit.
Thinking out side of the box, one of the nice things about bid walls eating volume, like we have seen for about a week now on $PMPG, is we know the folks eating all these shares are not going to sell at lower prices, and they keep buying and buying.
The sellers will chase on a FOMO run to get back in trying to buy from non sellers making the price explosion enough to wake up the world like we did on Snpw.
All this volume is moving the MAs up to support us. And buyers buying these shares have the patience to wait and load.
Once the selling drys u this will rally even with out news. News will just shove it into overdrive.
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