Two interesting days of trading. The price drops about 10-12% on...

Two interesting days of trading. The price drops about 10-12% on very low volume as short-termers exit, whether voluntarily or stops hit. But the price recovers quickly as accumulator (s) buys everything available and is prepared to pay up for it. No waiting below.

In this present poor market, a stock that has put on such gains, usually falls quite quickly, at least to the 50% retrace. Today we hit the 38% , but recovered back to about 30%. Fib -50 sits about 6.6, which present trading doesn't seem like going to. Lack of news will always have its effect to the downside, but not while the keen buyers keep step in at the mid/highs 7's.

To me, this looks like pro buying. They're just cleaning up the stops. Accumulating. The register is thin and the they know the potential is good: $2m of requests in hours of launching Elite. That's serious coin. Not long until the Q's.