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Author Topic: The bottom is in.  (Read 808 times)
dchou
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April 12, 2013, 10:54:00 PM
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Note the huge volume spike at 12:00 (63,511)

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SuperHakka
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April 13, 2013, 12:01:07 AM
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No, if you look at the 15min chart you will find that a good part of that volume was still while the price was declining. it only started going up at 12.30.

'First they ignore you. Then they laugh at you. Then they attack you. Then you win.' - Mohandas Gandhi
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April 13, 2013, 12:05:37 AM
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Note the huge volume spike at 12:00 (63,511)

For today you are probably right.  Whether this is yet another bull trap will remain to be seen until next week.

Also everyday at the end of the day there is run up just like on stocks when they are in the red.  
dchou
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April 13, 2013, 12:17:43 AM
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No, if you look at the 15min chart you will find that a good part of that volume was still while the price was declining. it only started going up at 12.30.

Didn't see the 15min, but a lot of shares exchanged hands much lower than where the price is now.  Should provide good support.
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