Post by
Dixiedee on Apr 25, 2023 10:31am
Oversold in low volume
Anything under 6 between 5.90 and 5.99 is very oversold with extremely low volume
great entry point or great level to add to positions
selling on the news in NFG isn't a good idea in my opinion cause they just have to much more news coming and once the 3D siemic survey is complete and then they have even better odds of drilling exactly where the gold is watch out ( they have been pretty successful so far without it game changer with it ) open pit gold mining looks more and more likely with each drill result
Comment by
Evenkeel123 on Apr 25, 2023 10:34am
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Comment by
Retiredgeo on Apr 25, 2023 11:59am
The biggest trade of the last 50 trades was 400 shares. It appears that someone on RBC is liquidating their position.
Comment by
Retiredgeo on Apr 25, 2023 12:58pm
I wonder if all of this downward drift is caused by the December flow through shares? The stock did peak on April 12 and April 14 was the 4 month anniversary. QH called such people pikers. They have no interest in the company or the stock, just the tax credits and getting their money back.