Maybe it will, maybe it won't. Really, it doesn't matter. The fact that .025 held strong today is the real highlight as far as I'm concerned. The .03 close was just the icing.
Check out the chart and you'll see how this treads. This retrace is nothing out of the ordinary.
I have said it before and here I will say it one more time. It's a matter of preception. When the work a day world comes home to check their share and see green then they are happy and the conversation around the dinner table is "Hey Hon I see our stock went up again. Do you think we should buy more ??" The reverse is true of course. When it goes down they run for their money. "It's going down --- sell sell ". This is why I have always said the market makers control everything you do.
With this stock as with many others we have many people who are in many differing camps. We have the longs who wish this stock to rise. We have the flippers who wish this stock to fall. We have the MM who could not care less as long as the stock trades with volume and they can create a spread. So the name of the game is making money. It's possible for everyone to make money but when one faction becomes greedy then another must suffer. There are only so many slices of pie. I, myself, have never been hungry.
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