I just saw the Asian Pay TV chart and there was a huge surge in buying volume for the stock after that flush in the 5 minute chart yesterday. Thereafter there buyers became more careful and stealthily supporting the stock along the way and at 4.45pm yesterday, the real buying took place and the stock broke out higher. That 4.45pm volume is the highest overall and that was the start of a continuous run today that we witnessed now. The Top 1 in the Top 30 Volume today was a great show with many stocks simmering but only Asian Pay TV running. However with the lack of strength in the market, it's hard to pick another stock like Asian Pay TV. The market is now indecisive of the next direction and only time can tell soon.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
