Why go up? He just took a huge profit by spiking to the top, selling off, then he took a huge spike down on a short. Now he's got stock and he needs a move up to sell off again.???
It hit the bottom of the channel, according to the lead of the internal channel angle trackers.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.