I'm kind of into the "second wave of volume thing" at the...

I'm kind of into the "second wave of volume thing" at the moment. Not making any money out of it ... I'm just "into it".

Please observe said chart with volume wave number one 18.75 million shares traded on the 27th February, which coincided with the announcement "FYH1 LPE increase revenue by 115%". The grand effect on this announcement on the SP was to have a false breakout of the downtrend, and then go back to sleep.

Now, if there was to be a second wave of volume, supported by a strong announcement, which sees LPE break out of it's downtrend .... well ... given the SP should be at least 4 cents by now, if not 5 ... let's just say you wouldn't have to twist my arm.



P.S. Tipped BPL yesterday with strong support at 14 cents. It opened at 15.5 cents, and closed at 14 cents. Aaaaarrrghhh!!!!

By the way, here's my Watchlist of shares that have had their first wave of volume, coinciding with a big announcement, and I'm just waiting for them to have a second wave of volume. Talk about a sea of red ...