ZSAN - yeah, i think the story here today is momo swing traders who saw that the stock had broken above its 20dma on the weekly chart and could break out above the 200dma on the daily chart.
Unlike many of us who prefer to "buy low" at dips or unwarranted plunges, there are LOTS of trader who only want to buy rather high on what look like substantial breakouts. Unfortunately, shortsellers and general market or sector weakness can quickly destroy that type of trading tactic....
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