OTCQB:EMHTF - Post by User
Comment by
p0ntiffon Jul 04, 2018 2:49am
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Post# 28265742
RE:RE:RE:Short data
RE:RE:RE:Short dataThanks for this post! Looking at previous short data, it did seem that the large amount of shorts in January correlated to the drop in share price. According to shortdata.ca, the whole MJ market was shorted in large volumes during January, something to look for as an indicator for sp to drop. Currently, shorts are nowhere near the number they were in January.
July 4th tomorrow, so I think we can all take a day off, relax, and take stock, excuse the pun.
Seems the end price of 3.64 has found support on the previous S2 on the 1 month charts. Will be interesting to see what Thursday brings. Bollinger bands are slowling coming together, indicating stablization before the next push up or down, and the RSI is heading towards the oversold range, indicating that there is room to grow.