this is not a dead cat bounce
where is the bounce!
this looks more like a double bottom forming to me
anyway i don't believe in TA that much in this context
we are all waiting for the quarterly. i would be extremely disappointed and angered if there was any negative information that was being held from us
i would be very surprised.
logically i think that there is an element of boredom/suspicion that has caused traders to exit. the volumes are pretty low so it hasn't taken much to drive this down
good news will see decent volume and a reversal of sentiment and improved price
i think?!
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