Post by
TheKingCobra on Oct 26, 2021 9:57pm
Market's Message: The accumulation continues....
The market's are not lying at all. Just indicating that the steady accumulation by the market makers, and smart retail and institutional traders/investors (the strong hands) who see a good trading/ investment opportunity and are trading/investing medium-to-long term with the expectation of further upside and share price appreciation over the next 3, 6, 9, and 12 months. Even though the volume has increased, the share price has remained relatively the same and is trading in a sideways-basing pattern. If there was a big sell-off happening, then the share price should be at $0.15 cents right now. But it's not. And instead, the share price is holding up well between the $0.27 to $0.29 cents level, which has been the share price's support level and tight price range for the past 3.5 months.