Looks more to me like the classic Wyckoff distribution pattern. Get 'em in on the quick rise at the top, tease an even bigger rise for several days, tank it to get them to sell you back the shares low...profit.
It's all a psych-op game we are involved in.
Most retail investors get shaken out with these methods, which is why they absolutely despise the "HODL" movement so much, because those folks aren't doing what their fancy algorithms say they're supposed to be doing, leaving the big-timers on Wall Street in a bind.
