The MM take out stop losses or other retail sellers. Usually a decline follows a RS.
Sentiment: Strong Buy
Buy order in at 10.60
Cho...Chooo, that is the sound of the train leaving the station...
If i where you i would not sell with this NEWS today... pre market up 10%... could see a small dip but i doubt it very much... gltu
And what if a decline doesn't follow this one?
I'll buy back in a little higher? Hence, the usually?