Too much is read into SP action as if it's an indication of anything other than a lot of people with different knowledge levels , expectations , methodologies and emotions with diverse levels of pecuniary interest meeting randomly for exchange of stock. Often anything can happen. The longer I'm in the market the more aware I am that in spec stocks market action wrongfoots people more often than not in the short term.
Other than that the only thing I can observe here is buying support for the stock however much there is to sell. So some people like it.
Too much is read into SP action as if it's an indication of...
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