It's not resistance - it's just the artificially low walked down from one or two low level flippers using the same mo they have for the last 6 months when the ask isn't hit aggressively enough at the open.

When they get taken out, they end up having to chase.

I've been covering this mo in the DD sticky.

Many of the other top traders have been concentrating on big mover $APRU over the last 3 days - I'm re-alerting $SKDI in the Whale Team rooms to get some back on $SKDI again.

But yes - boom coming with .01+ soon and .02 > .05 in due course.