OTCQX:VLNCF - Post by User
Comment by
KelownaClownon Jan 11, 2021 11:48am
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Post# 32267228
RE:Trading Pattern Since End of 2020
RE:Trading Pattern Since End of 2020Oops... now at $2.42
KelownaClown wrote: Anyone noticed that Valens closed at $1.65 on December 31 and has not had a day yet in 2021 when the closing price hasn't been higher than the day before?
Here are the closing prices since January 4, when VLNS closed at 1.71
Jan. 5 $1.80
Jan. 6 $1.89
Jan. 7 $2.09
Jan. 8 $2.11
Jan.11 - currently at $2.32
Anyone see a pattern here? I'm not a technical trader, but I get the feeling that all bets are off as to what the limit is on the upside. The ATB conference, this news of the application for a trade-mark in the US, the US election results, the trading pattern over the past 5 days... I'm getting the impression that it's only going to take just one more thing, maybe one more new release, and we're over $3 by the end of the week. Just my opinion, of course.
If the institutional people like what Tyler has to say on Thursday, look out. As for me, I'm starting to look for an opportunity to get my GBLC cash into Valens ASAP, obviously not at the day high though. Maybe things will settle down a bit after lunch....