What makes this stock climb down the stairs slowly?

Screenshot 2021-08-10 at 6.18.59 PM.png

I prematurely exited a 20% intra-day opportunity just coz I did not trust that a stock could keep falling without any correction.

Question: What wud make a stock have such a PA? It has been falling down slowly slowly, with alternating red and white candles..

Looking for some insightful answers--thanks!