Lots of heavy buying clumps on BP recently. Big N-Vol values. Is the clever money buying for an upside breakout of the short down channel?, or just buying for a quick 5% bounce.
Cigar,I don't think its just for 5%...same thing happening with Shell.
MMs are up to something. BP 33 mil buys/13 mil sells at the minute price only up 3.5
Shell up 21 buys10 mil sells 14m
Steve
