8 DEC 2009, Tuesday

1. Points made on chart above (click to enlarge).
2. Sure looks like distribution as the upmove seems to have hit a pretty solid wall.  But, later in the month the volume dries up and Da Boyz could always cram it up again...just thinking "what ifs".  Tricky.
3. About the only thing you can say is that it gave up it's 20 day moving average (orange line).  50 day MA (red) has contained bulk of price action since the beginning of the move except the brief stab in JUL and 90 day MA (green) has contained all the upside.