RE:RE:Get ready for down tick to $0.06 at 3.58pm"painting the chart" because the manipulator knows how people use technicals to gage their stock performance and when aren't people happy, they sell and they would sell under false circumstances.
It's a very old strategy. On the flip side of painting the chart to make a stock look bad is having an institution 'pump' the stock to their retail clients to push it up while the institution sells off their position into the retail buying...another old trick.
With smart phones and charting apps, a lot of newer investors are nothing more than dumb sheep to be fleeced of their money.