Yesterday's aggressive dumping has destroyed the very short term...

Yesterday's aggressive dumping has destroyed the very short term technicals. Traders running on margin (IMHO lots of them) are now forced to come up with the cash or sell into a very week market. The last two selloffs lasted 7-9 days.

The daily stochastics gave a strong sell signal yesterday. Other very short term technicals have also turned bearish. The long term uptrend remains intact with On Balance Volume of about plus 1.4 billion shares over the last two months vs. minus 200 million in the last three days of the selloff. Traders still run or crash this stock.

Looking for a fresh entry point down the road apiece.

Good luck to all longs.