Icefisher

Icefisher

The Weis Wave chart for 6 months still shows a clear pattern of weakening demand by its steadily decreasing buying/green waves

Icefisher

An increase in price accompanied by a decrease in volume typically indicates weakening demand. Fewer buyers are willing to purchase at higher prices which could be a sign that the upward price movement may not be sustainable. There could be a potential loss of momentum in the price increase.