$3.50 looking further away. Ni price now dropping back to 5.57...

$3.50 looking further away.
Ni price now dropping back to 5.57 and couldnt break the annual highs 5.80 level

With Wellington selling down their stake at $3.21 3.43 3.51 that we know of already, its a sign that a top may be in as they are experts are they not? Why sell if its going to $4.00 unless they know its dropping back to $3.00? A 5% large holder selling down is a negative factor historically and looks like its headed to $3.17-3.20 to complete the bearish rounding top pattern with the next support at 2.85.

technicals are looking worrying.