RE:RE:CNC VIRTU ITG BROKER & SHORTS WHITE CRIME WTF REGULATORSI've said this a few times in the past and have been laughed at when it was brought up, but the results speak for themselves.
A new pattern has emerged: A double Top with a target of $0.85-0.95. In addition, there is an earlier patt
ern detected on Dec 23 - a Continuation Diamond with a target of $0.95-1.05
Last year I warned you folks of a pattern detected by CIBC Investor's edge of a Diamond Top with a 166 day target price of $1.68-$2.00, when the stock was at $3.48 (which a few of you didn't take well). Not only was that pattern confirmed, it broke through to the downside. There was another pattern that emerged that is no longer visible. That one had a target of 0.95-1.10. How did that work out? It bottomed out at 1.18. There seems to be a 95% sucess rate with the bearish patterns.
In December there was a bottom triangle pattern formed just before the Texmont Announcement. It had a target price of $2.15-2.30. That one touched those limits twice, then reversed after the Anglo news and financing announcement.
What was that phrase from WWII - LOOSE LIPS SINK SHIPS. Well LOOSE LIPS SINK STOCKS. Whoever these idiots are, they are clearly playing with the technicals to create these false FOMO rallys, by creating patterns then when they hit the targets, then they go short, create bearish patterns, then play some more to make sure the bearish patterns are fulfilled. Some comments on ceo.ca mention many of the same brokers who were part of the bought deal being heavy on the bid and ask.
Take this information as you may, and good luck.