AVPT under institutional accumulation?

NASDAQ:AVPT   AvePoint, Inc
Institutes need to pack their ETF's with high-quality stocks. Here is a high-quality beaten-down stock that suffered the fate of many SPACs.

Using an indicator developed by @JohnMuchow (www.tradingview.com/...olume-and-Price-MVP/) it may be possible to find out when this occurs. Per John's write up:

"The Ants indicator is based on the research of David Ryan, three-time winner of the U.S. Investing Championship. David came up with the idea for the indicator while managing the New USA Growth Fund at William O’Neil + Company. David was interested to understand what drove some stocks higher once they were extended from their most recent base, while others had only moderate moves up.

What David found during his research was that stocks making the biggest moves often had consistent buying on volume over a period of 12 to 15 trading days. Stocks with these characteristics may be under institutional accumulation, where it may take days to weeks to fill a position.

This stock is beaten down with a good deal of overhead supply. So even buying it above the most recent resistance ($6.10) may be akin to rooting for Sisyphus rolling the boulder up the hill....

... but who knows? May be worth putting this on a watch list,

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