with the pps resting right at the middle bollinger band, on the top side of the daily chart. These daily intraday 'flash crashes' are irrelevant. The shorts can't control things on the downside; its a waiting game for the next stimulus. GL.
2 percent isn't a dash crash lol. These are normal market movements running on technicals until volume and PPS is increased on green news. The only correction we've really had was the short covers that brought up PPS to higher levels.
agreed, but a read here somebody was worried about the irrelevant dips. Contracting volatility (coiled spring) is a precursor to a return to the volatility mean, which in the case of kerx (bullish fundamentals) will mean the sharp moves up.