Does not matter as far as trading goes IMO. Charts indicated we hit a sold resistance at .0112 and we should see a rise in PPS so you smart to take a position. Then I noticed a rise (quick rise) and I watched the charts. Saw it approced a resistance level, volume was not impressive and took my profits.
It was later I noticed the news but who cares it still did what the chart indicated was mostly likely to happen with or without news IMO again.
IT sure as hell ain't the news! I've seen earnings reports come out with the earnings up 10% and the price of the stock plummeted down 30%. Why? Because there are many many things that are reasons why people buy and sell and the least of them is the news. But, the daily, hourly, and 15-minute price charts for any stock will always accurately reflect aggressive buying and selling and that is the direction you should be trading in. I don't care if you believe that or not! It's the truth!
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