By the looking left to right, while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall.
forget of 3 candles was completely perfect but, again we have seen valid heavy candle ...! Something is cooking in this stock.
Let look more closer to the 4hrs chart.
- Who is selling?
- Why selling?
- Insider created fake break-up?
- Investors will wait for new New low...!
War begins between buyers and sellers:
Support has been already taken and price tries to move toward the control price.