Called it yesterday. Make a note. Absorption at it finest Stock absorption
The volume as of late it a strong indication of " stock absorption ". The buyers and sellers, as of late, are very aggressively in and out of the stock, at this level, are most likely being absorbed by the heavy hitters jockeying for position. It's also a good indicator that this is a good entry point, based that it's holding this price range. It's also a good indicator that a big swing in price is coming. Which way and how much is yet to be seen. Could also been labeled as churning. My observations