$MOVR is up 65.6% on the day, but the last hour went the other way: down 5.2%.
Today's high of 3.340 came on the heaviest volume of the day, about $8.3M.
The last hour traded about $3.5M, less than half of that, with no new headline behind the move.
Activity has thinned out since the high, and the buying that drove the pump has faded.
My read: bearish for the next few hours while 3.189 caps the 1h chart. A 1h close back above it ends that read.
#movr
Today's high of 3.340 came on the heaviest volume of the day, about $8.3M.
The last hour traded about $3.5M, less than half of that, with no new headline behind the move.
Activity has thinned out since the high, and the buying that drove the pump has faded.
My read: bearish for the next few hours while 3.189 caps the 1h chart. A 1h close back above it ends that read.
#movr