The *machines* are dog piling short ALGO traders rule the markets and they're all on the same whisper channel using similar algorythms. The flavour of the day is Bond rate worries.
One wiff of market change and in a nano second the machines pile on pushing stocks harder and faster causing panic among retail who further accentuate any drops.
imho - there is very little fundamental reality reflected in this current stock price.
CDN energy stocks desperately need some good news on the pipeline front to draw back some US investors.
Initial resistance @ $4.34 was the reversal and nimble traders went short.
Patience wears thin for those trapped in CDN energy for the last several years.