Not logged on to my L2 @ the moment as I am mobile right now. It
is a VERY good sign to know they picked up those shares as I think
they will start supporting higher levels as their accumulation
below has been considerable. They kept working the bid/ask last
week or so (as I have been reporting-- at least to my eyes) & now
surely have an incentive to accumulate more higher now & stop
trying to take it down to grab.
We'll see, but I think they are supporting the stair-step increase
now as a consequence of the position they built lower!! In my view,
they are the primary reason that we saw lower resistances tested
& that is where they shook to accumulate!!
News & boom,... the chasing will get underway for real. Lot's of
money sitting on the sidelines waiting, hoping & speculating
on a deeper re-trace-- personally, I don't see it!!! Higher
or churn is my call!!