GREY:XEBEQ - Post by User
Post by
tamaracktopon Jul 16, 2021 5:45pm
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Post# 33564091
I'm completely wrong
I'm completely wrongXebec closed at $3.90 on May 12th of this year, at $3.75 on May 13th, and at $3.65 on the 14th.
It's strange I didn't remember that.
I must be a defense mechanism-like thing.
I believe Freud called it motivated-forgetting.
Anyway, 4 days after the $3.65 close on May 14th it closed at $5.01.
Thing can turn extremely fast, especially when people feel bleak. Their bleakest.
How did you feel at $3.65.
It put on 37% in the next 4 days.
It hasn't traded at $4 since then, although it made its daily low at $4.01 on June 30th, July 2nd, and today.
I find it an interesting mathematical coincidence that the repeated daily lows at $4.01 have occurred exactly 10% above the year low-close at $3.65.
I'm sure it's just a coincidence but it's kind of neat.
I'm guessing there's a brick wall of bids at $4 and $4.01.
The people bidding at $4.01 are pennying the bidders at $4.00.