As an aside - from a shorter - who will probably not be shorting...

As an aside - from a shorter - who will probably not be shorting this one, as it doesn't meet my requirements for the event leading to the spike to be impactful enough.

The rally today was sold, and the reversal is obvious on today's chart. I would expect this to make new lows, unless there is news of some sort, or a strong market turnaround (POO etc). Stuckholders need to stop selling rallies for this to turn around.

So if I was to long I would wait for better opportunities. And brave shorts will probably target 50 cents for the time being.

I'm often wrong.