Look at the volume on the move up. Massive trade.
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
Remember this is a DYNAMIC chart that changes as the day goes on. Today, Tuesday, is the right-hand pane. I chose a 2-day chart so we have a comparison to the previous day's action.
EDIT: Looks like the volume that came in is about equal to the volume they did to short it on the open. Hope they lost money on this maneuver.
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
Remember this is a DYNAMIC chart that changes as the day goes on. Today, Tuesday, is the right-hand pane. I chose a 2-day chart so we have a comparison to the previous day's action.
EDIT: Looks like the volume that came in is about equal to the volume they did to short it on the open. Hope they lost money on this maneuver.