You see Market maker ASCM is an issue here. He has not been on the ask or bid for a long time but is boxing this in right now and controlling it. Hes playing both sides of it right now to keep price down. IMO
HIm and Jane are playing both sides of this right now. I think your watching them either continuing to short this or they just covered some of their short position. Not sure.
Anyone that watched the action on L2 this morning, this stock is clearly being played with by MMs. I am pretty sure this volume surge we just saw was some covering from last week, but im not an expert haha.