DUK POPS

Distribution starting in June/May resulted in a 14% fall. Accumulation took over from June to July. I have noted the anomalies that indicate, to me, market maker and insider actions. They tried to move it up 4% before testing and found there was still a lot of selling going on. It still rose but didn't have the insider participation everyone needed to keep it going. I think the insiders decided to take it lower to knock out the rest of the public buyers, hence the sell off in August. More accumulation starting in August. I've again noted the anomalies between price action and volume. Today it popped over resistance on a broad based market move. Watch for a pull back to support and high base formation before it takes off again. I'm just saying.