Stock is down 30%. Using technical analysis as a g

Stock is down 30%. Using technical analysis as a guide, it looks as the phycology in the marketplace is slightly at a negative or about even keeled. High volume with price direction up and down indicates good and bad sentiment. There are only two things that drive markets and or stock prices......... Greed and Fear. If we were to see one direction with high volume, then yes there would be concern. Not seeing it here nor don't expect too. This too will pass and be dealt with accordingly.