ANGI testing first support level on top of the exhaustion gap at 19. Doubt it will hold. Next support is the bottom of the gap at 18.25, but the big one will be when it tests the top of the continuation gap at 16. If that doesn't hold the next supports would be 14 and 12.5 12.5 was longtime resistance and should be strong support, IMO. Top of gaps are better support than bottom of gaps, so I would be inclined to think that if 16 breaks 12.5 is in play. It will of course depend on if the broad market sells off or not, but I see sell bots trading in ANGI for the first time in weeks which is bearish.
Well when bots trade they do it in small even lots, usually 100 to 800 shares. You can see in the level 2 and in the time and sales how there is almost nothing else being traded. Plus, the bid and asks are moved every few seconds or so. Its all bots trading with themselves. few other trades anywhere. When the sell programs sell it will go down with no real support.
I have tried to warn any longs that there is a very serious Short Report that was done by a very good hedge fund manager. If you read the first page(12) you will understand why this is at best at $10.00 and I mean at best