Bot appears to prefer the 0.55 level for today.
Fake bid of 329k shares appeared at 0.54 yesterday afternoon, which is what pushed the price up again to a 0.555 close. It was gone this morning but has re-appeared again now.
It's a move widely used by traders to give buyers the confidence to step up and bid up to the next level, because buyers can see strong support at a slightly lower level they lose their fear of support vanishing and step up.
It would appear that 0.55 to 0.545 is the bots lower limit (for now).
So we're pretty much back we we started before the Oct 6th News Article.
Bots calling the shots!
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