Wyckoff trading method, page-1775

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    Yes, barring a breakout (which is unlikely, but always possible),
    I expect there will be a lack of demand seen around the 81cps - 82cps level, or 83cps at the highest.
    Then a bit of a push down again is probably on the cards.
    I think the grinding motion on this move higher, was because price was moving up, against the overall market moving down.
    Keep in mind that if this is really and accumulation zone (which I think it probably is), then at some point there will be some changes in the price action, the first will usually be a higher low (within the trading range), followed by a narrower sideways range for a bit, then a (smallish) shakeout and/or a test. At that point an attempt at a breakout maybe considered, especially if there are a few absorption style upbars after the shakeout/test as price moves towards the high of the range.

    cheers
 
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