GREY:NMKEF - Post by User
Post by
BearlyBullishon Jan 12, 2018 4:26pm
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Post# 27345691
Looks like calm has returned today
Looks like calm has returned todayHello everyone!
Good day of trading ending at 2.09 with a little over 3M shares traded.
We clearly have a lot of buyers above the 2$ level and not many willing to sell bellow which makes me feel confident that we will not see the price bellow that level pre-financing. (Which would obviously be desirable)
It was also the third time that we have seen the price bounce of the 2$ psychological. Short-term, IMO, if we do not have bad news during the weekend we will most likely see a follow through of the bounce leading in the 2.10-2.20 price range.
All in all, if feel like the panic of the last few days has subsided and we'll probably now see the price stabilize waiting for the big news.
Cheers and GLTA!
BearlyBullish