Even though share price is down, someone is buying the stock at these levels. Given amount of volume, I suspect these shares being accumulated more by institutional investors as opposed to retail. Good sign, despite the downward move today.
Listen, I've been looking for a botom and it never happened. Over 3M shares traded today into earnings and stock down again. Not a good sign. However, GLTA ...... I'd love to see all you longs make money. Meanwhile, I'll sit out until I see some positive catalyst(s).
Are you blind? Average 3-month volume at 1,975,220 shares. Current volume roughly 3,191,000 shares traded and it will likely end up at double the 3-month average volume. There's no way retail investors averaging down are driving that kind of share volume.