New to Solana
Been following it. Got in at 3.66 stopped out at 4.50 got back in at 4.55...
Solana kinda trades sympathetic (not lock step) to Oil commodity. Oil coming off a little today but we seem to be holding pretty strong in around current price.
Oil has a way of letting the wind out of the sails of news like this IMHO. HOwever, we need a little more patience than what comes with checking ones watch.
Anyone know if the Schacter target price of $6.50 would now be obsolete in view of the takeover ? I would imagine we would expect higher but couldn't deduce where we should shake out based on having to calculate 14% premium from 20 DMA...
Would appreciate an opinion from someone smarter than me...
Thanks in advance.