You guys are actually both right. KRY is an unreliable TA stock but there are many times and on many variables that it is dead on.

"KRY will follow strict TA patterns until it doesn't" someone once told me.

I think the open confused even the MM as I saw fills all over the place above and below the ASK. The MM would have had to cover the gap this morning and they know very well they can shake out retail through manipulation. The established a picture that this was a nother pump/dump and shook it down to the open which covered the gap. If you notice they then let go a bit.

Now that they have covered the opening losses they can resume the playing.