That is simply the dynamic of supply and demand in the market place. The important feature is that volume dropped sharply as the price dropped lower. The mm have to have inventory...they sell stock. They build inventory by letting the stock drop back as the buy volume abates and accumulating as it drops. They haven`t picked up much inventory. A surge in demand will see the stock rise rapidly through the old high. Remember that unexpected news could come at any time. For example, the Turley announcement after the close on Friday and the Casio announcement on Monday. Makes you not to be out of this stock for very long.
Buy the way, the information and analysis availble on this board is far beyond what is likely to appear in the press.