GREY:XEBEQ - Post by User
Post by
tamaracktopon Aug 19, 2020 1:25pm
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Post# 31429384
Technically
Technically Yesterday we went from an early high of $4.60 to a low of $4.30 to a close of $4.49. Today's high was the open at $4.45, and we've already double tapped yesterday's low. We could very possibly see new intraday highs today, even quite possibly a closing above the opening price which would then mean the low on a mountain chart would show as low of $4.45 or higher on this pullback. Suddenly the chart looks much much better. Even a reversal to close higher is possible. Repeat possible. Personally I have absolutely no problem whatsoever with the way the stock is acting. The next trade at $5 won't be coming from a stock that had traded at $4.04 ten days earlier. $5 is a pretty big milestone. Like your 16th birthday or getting your driver's license. It will be worth the wait and the wait will be short.