I'd tend to agree, this appears more like a solid period of consolidation, which was definitely needed.
The longer we continue to hold above .20, with Buys outnumbering Sells, the tighter and tighter the float will continue to get, as people and institutions continue to accumulate coming into earnings.
I see it much like shaking a champagne bottle, who's cork is about halfway out.
A few more shakes and she's gonna pop!!!