NWZ update- Two days have passed since the last update. On...

NWZ update-

Two days have passed since the last update.

On Monday, price did a little gap open. and then traded and closed another pip higher on very low volume, so demand was not particularly strong.
Then on Tuesday, price attempted to accelerate higher on a sharp increase in volume, however the rise in price drew out some supply (not surprising) which caused price to close off the highs @ 2.7cps.
Actually I think the chart looks a bit better now......not good enough for me to get financially interested yet though...but interested enough for me to whack the data into the wave chart for a look...... see it below the 'normal chart'.




So the last little bit shows on 4.12million shares (412) the wave angle was much more shallow, and price didn't fall very far on that volume (relative to other waves of similar size). This suggests some buying or support did come in here. Then price dipped on 1.01 million (101) = supply (selling pressure) reduced.
Then price moved higher in response, but that is still incomplete.
If price just took off now, it would be more likely to just be a pump and dump, but if it moves sideways and continues to look (mostly) positive while it trades in a range, it might start accumulating, and begin to look more positive overall.