bottom selling pigs want the market to pull back but it wont happen, not now, it will go parabolic first.. time to drive joy back to 65 and then to 70+, time for bottom selling short pigs and weak hands to lose $
This may not be so hard to do. The drop from $64+ to low $60's today happened in just 10 minutes of trading over each of the last 2 days, all on the open, than JOY stabilized and rose slightly for balance of day. I suspect some larger fund(s) wanted out and did so. May not take that much to get back to the 10-day high.
joy drops 40 cents on only about 10,0000 shares to lose this mornings gains after trading 500,000+ shares? this tells me joy will head back up , too many idiots thinking the market is going to pull back, thats almost a guarantee its going higher