I find the 2 bars on 15 & 16 Aug pretty interesting.
Big volume on 15/8 but poor spread down. Buyers definitely interested but it did poke above the day
Buyers definitely interested but the price did poke above the day before's high. My software will not go back to the daily trades for 15 August so not sure where most of the vol. came in. I also cannot see
I also cannot see if it consisted of on or off mkt trades.
The following bar 16/8 look like a big shakeout bar.
Then low vol. move down to 64 c.
How do others intepret these bars.
Is supply now starting to run out through the acc. range?
