The gap down on 80K this morning seemed forced and not sure how they got it to open all of 4.5% lower on not that large of volume? Was this a shake just to get the last sellers out?
Sentiment: Strong Buy
Another way to look at it is a big player buying at a lower point and taking advantage of any shorts that were looking to cover. Absent any news the best time for this action is at the open.
yea but without someone shorting down there on big volume , how can they push the price lower to take advantage of this?