There is a lot going on.
Some people whom invested late (High) will either be panic selling or buying to offset their losses and average down their overall SP.
I'd suggest there are a lot of people whom are trying to save their investment by buying more pushing the price back up.
The more people whom lost $. The more people will be looking to do this.
Those whom are selling could be Long term holders whom are already in a clear profit position and will take the hit and move onto other thing's.
Ann: 4DS Technical Update, page-378
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