Test of supply here, similar to a few weeks back with that sudden push to 1.2c that got sold into. The buyer/s just sat there and mopped up everything up at 1 - 1.1c with the bid reloaded every time it was sold into. Accumulation is pretty apparent on the chart with the accumulation/distribution indicator (see rising green line on bottom panel), usually this signal is a lot more subtle than what is depicted here. This certainly appears ready to run and if it does, I would expect to see 1.6c quite quickly also.
