After a stock drops because of lighter volume.
Prior Heavy volume becomes resistance.
Those are losing $ from buying the top and as the volume dries up there are not enough buyers to make them whole. Then the stock starts dropping/they start cutting losses and it drops further.
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They love pumping this stock $LIXT this is the 3rd pump already in 2022.
So newbies who jump in late Monday. 20 Million shares trading every 1/2 hour into the close.
Then yesterday the stock drops on light volume.
Not good. That sets off a chain reaction.
