Wyckoff trading method, page-1462

Yes, I have been watching it, and have traded it a couple of times.
There has been some buying/accumulation/absorption come in over the past few weeks.....I'm not sure how serious it is yet, but it has been going on for a little while now. Up until this week there was still some supply around as well though.
There is still a reasonable chance that price will dip again to some degree (as the accumulation/absorption process continues) and test the strength of the recent support. I'll try to put up a chart tonight or tomorrow......

cheers