Am I correct in interpreting your remark as meaning that this stock WILL NOT go down any more? What particular jiggle (or series of jiggles) in the chart leads you to say this? Not being flip, I would really like to know.
Actually , I am not looking for a "jiggle" in the chart . That line of reasoning is often wrong ;I've lost a small fortune that way. I'm going by the high,high volume bringing the stock down. This smells like a shake-out to me. This doesn't mean the stock won't go down more , but it won't go down much more , especially when you realise that the stock is now undervalued rather than slightly overvalued. Back up the truck !