RE: level twoNo one is selling off. 134k shares have traded. Yesterday with a 5% pullback 500k shares traded. This is textbook and also very healthy for a sustained move higher. I would be concerned if we had these kind of down days with 2 million plus shares traded. All that's happening is big buyers are taking a pause and some retail accounts are getting spooked and taking their profits.
Just wait until the big boys have seen it drop far enough and want to start buying some cheap stock. It'll be back at 80 cents by next week.