RE: 33 Canaccord dumped almost 5Mill shares/ TA Volume needs to arrive to have the big moves. Simple as that.
Volume and MC, is the what determines moves.
CRE is not a daytrade stock, its cyclical and its sector up, cycle began last fall, as I pointed out last post.
LIT is after all the barometer of Lithium stocks period.
So what does this volume spike imply?
Bigger players love your constant frustration, its feeds their accumulation period.
What is Volume?
The volume represents all the recorded trades for a security during a specified period. This specified period can range from daily charts to 1-minute charts.
Most trading platforms, included, print each volume bar as either green or red. Green bars are printed if the stock closes up for a period and red bars indicate a stock closed lower for a given period.
This color-coding need not mean there was more down or up volume for the period; it just represents how the stock closed.
Just my thought.
Could it be, that we are as the company reported so close to complete the requirements the Government requested.
Maybe Canaccord dumped almost 5Mil shares to close a deal with a possible off take partner, that is about to be revealed. They are after all the market player!