GLBS is at its all time lows and has been hiking up and then falling down for quite a while now. Recently, however, volume has increased over 1300% over the 40MA despite price not making any sudden moves, this suggests that volume is being absorbed and that pressure is building up for a massive upwards move.
Folks stay tuned for a massive bullish reversal towards $100
fortrichmond
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hi your analysis is interesting, i am just wondering, could this mean the opposite? despite volume is up a lot, the big MM still want to press this down further? If not, any evidence to support? thanks!