Basically when retail jumps in, it expedites the move to complete faster....target area is reached and algo kicks in to start shorting....want proof look at the after hours on this chart....
Algo kicked in as soon as the bell rang and is driving this down. expect a gap down tomorrow.
by iCantw84it
Algo kicked in as soon as the bell rang and is driving this down. expect a gap down tomorrow.
by iCantw84it
Comment:
Actually looks like Re-Accumulation after last nights after hours trading finished.
Comment:
I didnt want anyone to jump off the cliff if this went up this morning it still might rally and go up but right now it looks decent....still not convinced one way or the other tbh The past move says down thats all I can say