Brilliant - Update
An update from 19 Nov posting.
This morning, upward price and volume spike. Very encouraging. As mention, 38 to 45 cents region has the least amount of trades done when it tumbled last year. So I foresee every 1 cent up is going to be rather challenging. This morning 38 cents took 1279 lots and 39 cents took 3108 lots to break. I guess, the higher it goes the more resistance it is going to face. Manage to test 39.5 cents but only 2 lots done.
Volume at 1010hrs is 5976 lots done. This is 5 times more than the 50 day volume average. Positive sign. Will provide a day summary later.
This morning, upward price and volume spike. Very encouraging. As mention, 38 to 45 cents region has the least amount of trades done when it tumbled last year. So I foresee every 1 cent up is going to be rather challenging. This morning 38 cents took 1279 lots and 39 cents took 3108 lots to break. I guess, the higher it goes the more resistance it is going to face. Manage to test 39.5 cents but only 2 lots done.
Volume at 1010hrs is 5976 lots done. This is 5 times more than the 50 day volume average. Positive sign. Will provide a day summary later.
posted by Unknown @ 11/21/2006 10:05:00 AM
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