I agree...looks like that little run to 6.25 took out a lot of preset sell orders. It should bounce to around 6.21 for a close...and who knows about tomorrow. My novice charting is showing a rise to ~ $7.53 by the end of the week...no resistance past $6.25 till $6.53.
Think I'll have a Scotch & Water and go sailing...
I don't know; unless you have some insider information about what the MMs are doing, it'll be tough to predict which way it will go tomorrow.
For instance (and I have no evidence of this) I have seen MMs force a stock to trade narrowly so that a large buyer could either dump or take a position.
The PPS has traded between 6.00 and 6.13 for a few hours now. That's a pretty narrow range for a stock that has been very volatile lately.
If the stock goes down tomorrow, you can be fairly sure that the MMs were allowing a position to be unloaded.