Possible News Leak?Looking at today's trading we see that there was a nice increase today in SP, 30 cents, at a healthy trading of 1.1 million shares. So it makes me wonder if there is a possible news leak coming soon?
I tried looking online for any possible news articles or NR that may have been released, but because nothing was clearly out of the ordinary, the insiders must clearly know something about what will happen soon.
Also if any had noticed, today the stock gapped up 19 cents, so that's a huge jump to close at today's trading price of $3.00.
https://stockcharts.com/c-sc/sc?s=CNL.TO&p=D&yr=0&mn=3&dy=0&i=t07760334771&r=4523
As we can see in that chart, it may seem that CNL is posed to break out, but because it's already hitting the top level of the Bollinger Band, I imagine that if there was news tomorrow that it will gap up again and by Friday will fall back within the bands range.
Cheers!
WahJai604