GREY:CNTTQ - Post by User
Comment by
Ghostinthedarkon Dec 06, 2019 4:38pm
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Post# 30430568
RE:RE:ghost is right again
RE:RE:ghost is right againTRST closed at the high of $1.12. I expect TRST to go higher on Monday, but you never know. These pot stocks are so volatile.
That being said, usually when a stock closes at the high for the day, it goes higher the next day.
But as soon as you see the stock lower at the close compared to the previous day, you know that the stock has reversed again.
We are looking for higher lows compared to the previous day, and we are looking for higher highs compared to the previous close.
TRST closed up at $1.12, where as Thursday's high was $1.09
TRST's low today was $1.06, where as Thursday's low was $1.00
So we have a higher high and higer low for the past 2 days...
Remember, we are trading in a range for the week---$.99 cents to $1.12
And remember, the 5 day Moving average is $1.03, but this will go higher after today's close is added....
Learn the basics of Candlesticks and the technical indicator Moving Average.
Enjoy the weekend