1. The Smart Money began getting long (long) prior to the News.
2. Some used the event to take a bit of profit.
3. Most got even more long (demand).
4. Once the weak holders where short, price found support in a such a way as to knock out
weak longs and lock in weak shorts.
5. what can not be seen in this picture, is a large inverted white hammer that represents the
last effort for the weak shorts to get out at break even if the bought on the news release itself.