the selling pressure was higher when sp increased
Many holders were waiting for bouncing and selling
today' candlestick is similar to a gravestone doji, very upper long hair-----evidenced the selling to the bounce
more than 5 times of average daily volumes for 5 days already
I would like to conclude Bears had a rest today
atm many shorter held big profits, some of them might buy back and take profits
May resume to down days in some days of next week
I placed my money to test the thought--------------I joined selling side
my projection TP, less than $9
(started to build short)
the selling pressure was higher when sp increased Many holders...
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