If you look at a 6 month daily chart you will see that .85 is the 200 SMA. That is considered to be an important moving average. The large volume didn't come until it broke that .85 and that was probably due to people having stops right under it. The ONLY high red volume bars to any extent came at the EOD when that moving average was broken. The chart tells the tale.
But look at todays action.......... ~.90 bouncing off the 200MA area of ~.85 then bang news confirms the Mako deal and boom the PPS drop into the mid .70's.
If it was received positively what an opportunity for DPDW to have tested the 200MA and bounced to a higher close supported by the Mako news............... No??
As I have stated I do agree going forward DPDW will be ok.
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