GREY:GPLDF - Post by User
Comment by
TheWolffon Aug 11, 2020 5:22pm
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Post# 31395040
RE:complete wash out today - from overbought to oversold?
RE:complete wash out today - from overbought to oversold?It was a crazy indeed, I just want to give a different perspective, during the past 4 weeks GPR has had extreme price variations on a weekly basis, the week that began on the 7/19 to 7/11 we had a high of .86 and low of .64 if you .86 - .64 = a variation during the week of .22, a bigger difference happened on the week of 8/2 to 8/6 with a high of 1.02 and a low of .77, 1.02 - 77 = .25, this week so far we made a high of 1.05 yesterday minus todays low .86 = .19, what I am trying to express is that regarding price action despite it was a horrible day and is early in the week we are still trading so far within the normal price action variation of the SP, usually after a day like this the selling stills continue, we know it's not company operational fault related , lets hope we can recover and finish with a weekly closed at .93, GLTA