Be careful to all insider trading.
A shakeout isn't so much 1 or 2 entities selling tones of stock. It is the culmination of many, many people buying and selling, stop losses being hit, panic setting in. Highly leveraged positions being closed, then opened.
.735 would have been seen as a massive gift to some and it would have been taken with zest, others would have been fearing further loses and sell into any rally. Eventually it settles down from a raging torrent into a gentle rock.
It may be resting here, or it may not. No one knows. Emotions have taken control and it could run in ether direction easily. Pending news always brings higher emotional impact, suspicion, greed, fear, anxiety. All are increased across many, many people.
I only wish I was quicker on the trigger. For at least a small bounce. Now watching with interest.
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