GRIL

49

After a decline from higher prices, any trading activity which implies indecision among investors should be consider a bullish indicator. Wednesday, Thursday, and Friday all showed a shift in the mentality of traders, with downward trading changing into sideways weak/imperfect Spinning Tops, and a weak/imperfect Doji.
In other words, look for trading volume to pick up, as shares are held above 40 cents. Any selling will be met by new and current investors. Eventually, a falling stock price turns into an upward climb, once the average bias turns from net sellers to net buyers.


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