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" ... As to the technical picture, some information is now at hand. However, the picture still contains abnormal moves and investor/trader actions. With the previous higher prices still fresh in investors' minds, there are two remaining, unstable shareholder groups: "Hangers-on," who hope for a recovery (often to get back to even so as to avoid taking a loss), and "reentrants," who view the current price as comparatively cheap and, therefore, hope for a repeat run-up. When the stock continues to stagnate or decline, these shareholders will sell. ... "