RE:Morning... Some T.A....BudFoxx2020 wrote: Here is one tool that I love to use. The historical price. Take a look at May 11, biggest volume and selling to bring the sp down to a low of $15.70 but closed at $17. Then from may 12 all the way to may 21, they kept trying to hammer the sp down but never suceeded and it never hit another low. Sp closed at $17.17 on may 21. Point is the support has been established by the bankers. Remember what I said about the reverse split and the open dilution, I hated it because it will allow the bankers and funds to short and take the share price down to what ever price they want. From $55 down. Looks like $16 - $17 was it, that is as low as they were willing to go. Keep in mind the previous PP was done around the $1.40 or $14 range, so they can always use those shares to cover. Yes, it is a very crooked game. Those that were lucky to get in under $17, very well done. The trend is just starting and breaking $20 is the first confirmation the trend has reversed up, plus the final legalization is around the corner. The only way this can go bad is, if the politicians completely screw this up. They have a one month window in June. I believe it will get done this time around. But there are no guarantees in life and in the markets. Keep in mind, everything is just my humble opinion. Lol. The last time I was this excited was when SCR was at 0.80 cents, when I started posting here and the rest was history. Just here to try and help, not like some clowns that only tells you to buy for no rhyme or reason. Today is a big day, if we stay green or get another huge run, it will confirm the uptrend and that there are big buyers buying. Cheers all.
| Date | Open | High | Low | Close* | Adj Close** | Volume |
| May 26, 2021 | 18.28 | 20.84 | 17.80 | 20.40 | 20.40 | 525,500 |
| May 25, 2021 | 17.76 | 18.35 | 17.50 | 17.88 | 17.88 | 298,200 |
| May 21, 2021 | 17.51 | 17.75 | 17.10 | 17.17 | 17.17 | 126,700 |
| May 20, 2021 | 17.00 | 17.72 | 16.83 | 17.45 | 17.45 | 242,500 |
| May 19, 2021 | 16.25 | 17.08 | 16.25 | 16.81 | 16.81 | 220,800 |
| May 18, 2021 | 16.50 | 17.20 | 16.45 | 16.83 | 16.83 | 133,400 |
| May 17, 2021 | 16.93 | 17.26 | 16.28 | 16.46 | 16.46 | 171,700 |
| May 14, 2021 | 16.00 | 17.27 | 16.00 | 17.08 | 17.08 | 341,500 |
| May 13, 2021 | 16.68 | 16.90 | 15.83 | 15.91 | 15.91 | 332,500 |
| May 12, 2021 | 16.78 | 17.22 | 16.36 | 16.52 | 16.52 | 274,100 |
| May 11, 2021 | 16.33 | 17.09 | 15.70 | 17.00 | 17.00 | 807,800 |
Agree with what you say and yes this is good indicator...just a word of caution however as we are not completely out of the woods yet. Volume needs to pick up a bit more (and this will happen soon unless something changes on the macro side if things). For anyone who missed the boat at $17 (incl myself as I am yet to backfill my 50k allocation) this is still a good buy on the dips....expecting this one to go back to $50 and/or be bought out by one of the biggies in the gambling space!