Definitely caught my attention. If you believe price follows volume today was significant. On the other hand it might have been some portfilio rebalancing, since last Friday was an options expiry day. Also, the price spiked early then faded, which is not a bullish sign. Also got near or touched a 52 week high, which will probably draw some interest. Overall, I'm not going to get too excited. I think we have to get through summer doldrums before the real breakout continues, if it does at all.
What's your take? Do you think there is something else going on?
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