RE:SAME TRADING PATTERN AS YESTERDAY
I have also noted this pattern for late day trading over even a somewhat larger time frame.
what this says to me is either someone trying to push down the price early in the day and then accumulate while low before letting the price back up or more likely day traders still trying to cash in on the biotech selloff by selling in the morning but too worried about the potential here not to cover before the end of theday. Who knows what might happen overnight till the next start of trading.
Glta
Stockman6767