RE:Technical AnalysisAgreed. However, on the point about "...those selling are making a profit..." it's more likely that some are making a profit but, equally so, others are selling because they need to access cash at short order, are disillusioned by the path the sp has taken since the Spring and/or about other issues (i.e. limited news) etc. So, yes, the sp is likely at a turning point but the timeframe to reach it is elastic - as some having expected it for the past months may believe. At the end of the day it's a game of patience. Some will sell because they think other opportunities will materialize more rapidly than with DM and, accordingly, selling now rather than later.
Investor10X wrote: Nearly every technical is in the oversold. There will be lots of room to run when it does.
Typically those that are selling are making a profit and those that are buying are expecting the stock to move up and are setting a new base. The stock is changing hands for the next leg up.