smart money getting set?

I have created a pictorial history of EXT as it developed the world's 5th largest uranium deposit to compare it's progress with ELM.
ELM has announced it's maiden resource which puts it right into the crosshairs of the world's major players.
These chaps do not believe in level playing fields.
They do believe that everything goes, so long as the referee isn't looking.
Lets see how the picture looks:
Below we have a weekly chart of Extract Resources showing the major milestone releases and associated price action:


We can see that each time significant news drove the stock outside the regression channel (2 standard deviations), the price retraced between 15-30%.
I'd suggest this is smart money belting the retail investors that buy on the news and then get shaken out into the retracement.
These moves can be driven by Bot algorithyms designed engineer lower prices on minimal volume and naked short selling cannot be ruled out (IE: selling stock that hasn't been borrowed).
Once value has returned and many, many innocent players are forced out, the bots reverse the algorithym.

Now let's look at the ELM picture:


Can we see some similarities?
Please feel free to discuss the issues mentioned above.