GreenPly stock has done nothing for a long time.
As you can see in the chart above: GreenPly stock has built a base at 160 and it seems to be bouncing from there but what has been the disappointing feature: absence of volume. It's only in last few days - stock is clocking good volumes. The stock was trading with volumes of 25000 about ten days back and today it clocked volumes of 1.4 million shares. It's a sign of big interest coming back in the stock.
It's only matter of time before we see some significant price action too.
It's a stock to watch out for.
@smarket Ashish Dhawan sold million of this at 179 today.
— Rakesh Shah (@rknshah) April 5, 2016
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Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers