RE:RE:RE:RE:RE:RE:VMD TradingMoemoney42 wrote: Torontojay wrote: There is only about 4 months out of the year where the stock price was in a trading range with higher than current prices. 8 months out of the year, investors purchased shares at a lower price so I don't see strong momentum for tax loss selling.
It won't take "strong momentum" to prevent a price increase when daily volumes aren't that high... there are alot of shares traded at higher levels to possibly take tax losses, considering there is only ~3 weeks left for the 2020 tax year..
Yes and big volume in the 14's and 15's as well,,. So perhaps some tax loss and a reset going into 2021 as the Q4 #'s come into focus,,!!