What is going on here with « YLL »… (???) On the buyers side you could see over the 1,000,000 (refer to my previous post on the BB which show the L2 picture) but no SP play, since a little while.
Trading range from .06¢ to .065¢ since the last spike up to .075¢ on the 1/3/2010…
Ounce in while touching .07¢!
The volumes were fading out… to 120,000 till Tuesday…
Let’s call it consolidation period…
Well yesterday, we saw a clear increase in the volume 625,500, still in the same trading range! Just moving into the volume average… The volume start moving higher since last July.
What do I read out of this?
Is it positive or negative?
Are we near other move?
Couldn’t tell…
My TA reading show more positive than negative… with a lot of uptick possibility!
Working on a “W” shape pattern … if this one ever complete we could seriously see trend direction change… will see later!
But the message here is: Check this one very carefully in the short term, could finally choose is direction soon…
My feeling is positive… but I can be all wrong!
As always DD!
Fratzy!