I think today's chart is one of the first long-legged dojis in the history of UWL (following some spinning tops during April).
According to Investopedia:"It may also warn that a strong downtrend may be experiencing indecision before making a move to the upside. Long-legged dojis may also mark the start of a consolidation period, where the price forms one or more long-legged dojis before moving into a tighter pattern or breaks out to form a new trend."
I wonder if the big trade around 1.30pm (over 100k shares) was by a swing trader looking to crystallize a shrinking paper profit - or maybe it was a stop loss that was triggered. Two hours later, prices recovered (through several separate trades), and closed a half-cent higher than the opening price.
So yes, today's was the lowest trading volume since May 2, but it suggests that 99% of holders weren't panicked. Looking at the market depth, buyers are still outnumbering sellers 2:1, and this has been sustained for a while.
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