A low volume pullback would suggest that weak holders were selling. A high volume sell down is something else and investors should turn cautious. The volume which accompanied the formation of a long black candle today is the highest since 11 Feb 2011. The bearish tide is very strong.
My purchases made on 12 April at the prices of $3.38 and $3.36, above the 50dMA, are now in the red. Will I buy
