Resitance @ $13.13...this is next hurdle to overcomeI've been doing some thinking.
Dec 3 sp closed at $13.13....divy cut announced (1st cut)....Dec 4 sp tanked and closed at $10.98 (12.6M shares traded).......We are in the gap-down..........Hmmmm.
Makes sense for some of those 12.6M to lock in profits near $12.....Have the 12.6M finished selling? I don't know?............just another thought explaining the 2 cent rise Friday.
As soon as this next group of sellers has finished selling, HFT will take it up to next level ($13.13).