I think the reversal kicked in around PE ~29.. noticed HFTs quite active at this counter, providing good liquidity to absorb the selling pressure.
As a newbie with relatively small experience, it’s hard for me to confidently say whether this -40% drop was a classic “snatch” by institutions or if there was some underlying factor I missed.
I didn’t spot any major negative news that justified the hammering… and similarly, no big positive news announcement for TARIL to bounce +25% in just 2 days already. It’s definitely a consolation after getting hammered throughout the month!
D- Invested, added a few over the past 15 days during the dip. Holding with fingers crossed for now.
Would love to hear from seniors – any insights on what triggered the panic/sell-off and if the quick reversal looks sustainable?