Most volume on hourly bar this month

The action in the TECO tape is very good today. Buyers are coming in and hitting ask, as well as putting orders on bid with a relatively tight spread for TECO. Somebody yesterday said that the volume in the stock was not good, and I pointed to the volume trends as evidence that in fact volume is good and continuing to grow.

In the chart below you will see that TECO cleared about 1.9 million in volume in the first hour of trading. That was likely the buyers who saw the close and put orders in for Monday morning.

Looking good! Keep pounding!