3 white soldiers Formation must be followed by a small drop for trend to continue on - google it!
techies sell to close lower than peak, that serves in getting rid of all weak hands & short termers.
IMO, If it closes on or higher than 4c today then know that tomorrow will carry more sells, if it closes between 3.6c - 3.8c then there will be less selling tomorrow or low volume flat movement then it can start to look again upwards!
In both cases, intraday movements are useless to everyone unless u r a day trader.
Qrtrly comes on Friday & feysville results also r expected, whoever is selling is a perfect techy & has no clue about the milestones dates for AAR.
Cheers,
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