Selling pressure? I don't quite agree.

Not to promote Bone's stock but maybe if you look at the trading data, you might change your statement.

http://biz.thestar.com.my/marketwatch/char....asp?scode=0082

Look at the bottom data - I copy and paste below ( fingers ... getting tired already.    )
Last column indicates the traded volume.

8-Apr-13      0.36    0.37    0.35    0.36    -0.005    16,481 
9-Apr-13      0.36    0.37    0.35    0.36    0.000    56,235 
10-Apr-13      0.36    0.36    0.35    0.36    0.000    25,803 
11-Apr-13      0.35    0.36    0.35    0.35    -0.010    54,891 
12-Apr-13      0.35    0.35    0.32    0.32    -0.025    51,306 
15-Apr-13      0.32    0.34    0.31    0.32    0.000    79,644 
16-Apr-13      0.32    0.35    0.32    0.34    0.010    72,769 
17-Apr-13      0.34    0.37    0.33    0.37    0.030    99,675 
18-Apr-13      0.36    0.38    0.36    0.37    0.005    93,810 
19-Apr-13      0.37    0.40    0.37    0.38    0.010    169,086 
22-Apr-13      0.38    0.38    0.34    0.35    -0.030    58,983 
23-Apr-13      0.35    0.35    0.34    0.34    -0.005    23,394 

My interpretation.
I see volume increasing as the stock hit a low of 32 sen on 12-Ape-13.
Volume peaked on 19-Ape-13 with the stock closing at 38 sen.

22-Ape-13 stock falls to 35 sen.
From 32 sen to 38 sen, nice tiny run.
It is not unexpected that one see profit taking.
Look at the traded volume.
It fell from 169,086 to 58,983.

Semalam stock falls another big 0.05 sen to 34 sen.
Volume falls again to 23,934 only.

If the selling pressure is strong, traded volume would have been strong.
Correct or not?
If the traded volume shrinks by so much, what does it indicate?


Look at the volume as of now.