Like I've been saying, its mainly been dip buyers recycling the price down to one another when the capper appears and scares them off.
Retail are also the dominate casualty when this process takes place.
The technical breakdown was the initial cause of the selling momentum as the ann didn't please the expectations of traders. We were obviously filled to brim with them considering the delays and constant twitter ramping's had them pilling in with the expectation that the ann would be released any day and none of them wanted to miss out.
The broader equity sell off didn't help either as it subdued the chances of any significant bounce.
Like I've been saying, its mainly been dip buyers recycling the...
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