Not necessarily... the pattern mentioned usually is buyers drop off and it's up to how desperate the sellers are and when the sellers finally finish you're left with a thin MD and just a single buyer can start a run which traders MAY jump onto without any news...
Putting my money where my mouth is I added another 100k @ 3.4 and modified the few I didn't get to 3.6 to send it green... let's see if the bots notice and push it back near 5...
If not... no worries... am happy to buy low 3's and would be surprised if it's knocked below open of the boom day...
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