So everyone who bought today is now down, I cant imagine they will all sell, the down trend has to turn soon, intraday reversal may be very strong indeed once lunch is over.
MM also desperate - looking for weak sellers before the take it higher! sit on your hands or even better put them in your pockets so they don't pick you. Bloody tea leafs
Yup, I watched considering selling when it settled at .11 for a quick 20% thought it was stuck but around this time it started to break, now with a new base its game on!
Seems a new base has been formed, Duke how many times have you seen a chart topper feature on the loser board and reverse back to the top of the leaders its happens quite often with hot stocks as MMs seek some form of balance.
Looks like an order being filled, those who bought today or late yesterday waiting for their cut of bacon. It will come, some impatient traders will rainbow chase something else but they will return with smaller margins after lunch.