Volume-Price Comparison Between this sell-off and last suggests accumulation pattern
On Nov 2 we began a 10 day sell-off. During those 10 days, price dropped by $1.40 and 35 MM shares were traded before the bottom was hit. This time, from the same price level, we had a 6 day sell-off on 39 MM shares traded and a price decline of only $0.70. About half the time and half the price decline but on even more volume! What does this signal? Obvious accumulation. Assuming we have found bottom again.