RE:RE:RE:Fighting the $4.50 USD resistance
mlcb2525 wrote: Hopefully, APH will be able to attract a better class of investor. RIght now getting sick of the investors whobuy a few thousand APH, see it go down and when it climbs back to their original purchase price they sell or if their lucky they make a few pennies. If we had more staying power it would be the shorts who would be folding their cards...........
For sure I wish we would of closed higher than 6.00 but there's nothing to be dissapointed about. The consolidation is healthy, all the candles are closing higher than the 20 EMA, higher low higher high pattern intact.
I also like to remind that :
- the stock was at 3.93 (low of the day) may 14th.
- Stock rallied 52% to get rejected at 6$ may 25th
- The stock got rejected 3 times at 6$ before we break it today at the 4th attempt, we even failed on earning april 15th even thou we delivered solid results
- Yesterday low of the day 5.47 is a clear higher low compared to 3.93
- Today high of the day 6.23 is a clear higher high compared to 6$
The only issue is that Canopy results tomorrow can affect the improvement and jeopardize everything .
Today was a good day, Cheers