Today's action shows a high volume narrow spread bar, closing on the highs (so far), after a downtrend with possible stopping volume yesterday and today. A good chance that we will see a rebound from here. A riskier buyer would buy today while a more conservative (funky ;P) buyer may wait for a low volume retest of these levels.
Although I'd think it would be a get in/get out trade, longer term who knows.
Interestingly a lot of those D & D readers that bailed yesterday, may try and jump back on as the SP goes up with frustration at jumping out at the possible bottom.
Good luck holders.
P.S. I have no idea so dyor.
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