Yes I was thinking the same thing - ultra high volume on narrowing spread down bars, plus at the same sort of level as the high volume reversal just before Xmas (circled). Like you say it may have to test a bit more but it looks like serious buying has come in. I have a key support level drawn at 42c from a UHV gap up way back from Oct 17! But I've cheated and combined the two UHV stopping volume bars so my first "target" (should it break up) is higher at 60c
Good luck all.
AC8 Price at posting:
45.0¢ Sentiment: Hold Disclosure: Not Held