Fundamentally, a top down approach suggests that the industry Sound Global is in will continue to do well as governments invest in solutions to water related problems. My past research and experience with the company when it was known as E-pure also gave me the confidence required to invest in the company again although my initial re-entry price of 59c was less than ideal. In the subsequent market sell down, I bought more shares at 46.5c on 31 May 2012 which means that my long position is now in the black. I am looking to possibly locking in some gain as the charts seem to suggest that this could be a good idea. In the last session, a black candle was formed on the back of higher volume, suggesting that the bulls had a hard time pushing the share price higher. Do I see signs of distribution? Well, the OBV is still rising ......