The market specialists have begun closing their positions and selling to retail investors and traders (aka distribution). Without the specialists' support, the market will start falling as retail traders realise the stock won't climb any further and they start selling as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.