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I am hoping someone could help explain what happened in this chart:
I am looking at STM on Fri June 09. During the day STM price dropped 0.80 with high volume. But with a closer look on the 10-min chart and lower charts we see a large positive spike in volume with minimal price movement. From what I understand large volume tends to move price. But when we had a large positive volume price dropped.
Can someone explain why?