No actually it simply means stop losses are being triggered and warrants being exercised via stock sales. When was the last time any run-ups actually were the result of good news being leaked? This company is locked down very tight right now. It is the absence of any information flow that is exacerbating this trend.
This too shall pass. I'm in the same boat as RobV and PI. Would be buying heavily right now if funds were available.
The chart is oversold. Even Chart POV won't argue that one.