Between the shorts, MM's, massive O/S, lower volume, and a downward pressure on the MJ in general, it won't be easy to break out. There may be other factors as well that aren't as obvious. The bleeding will stop. Hopefully it's before we are drained dry and are left for dead.
Hey Pool, I'm not an expert but i think that's what is called accumulation. I see lows getting higher (1), Volume relatively low (2) and buying pressure is higher than selling (3) All good signs for possible pop in the near future with positive news. JMHO