These games have been going on since inception for this stock. Just look at the daily chart at the many series of push up and slam downs. In the most recent, I use Nov 2017, Jan 2018, March 2018, Aug 2018, Oct 2018, Mairch 2019 and now July 2019. The weekly charts are clearer. The high and lows average +/- 20% peak to trough.
These series of push up and and then dump are meant to mess up our minds and condition us to throw in the towel. It’s hard to trade for retailers because the TA picture (price weakness) is conflicted with the FA (we all need water, right?).
One thing I know in the million of charts I have looked at over my career, we have always seen such jerking around the TOP formations with the forming of the head and shoulder or at the bottom, when the inverse and shoulder fully develops.
Bottom line, use the weekly charts for guidance. Less stress on the heart.
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