GREY:XEBEQ - Post by User
Post by
VicesVertus2222on Jan 09, 2022 6:34pm
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Post# 34298447
The knife is on the floor
The knife is on the floorOther than that SHS long-term trend, I see Xbc has hit bottom.
The market overall has not been doing good last week. A lot of uncertainty with inflation, Fed moves to come, labour force shortage, bottle necks, Omicron and the always potential of a new variant, prediction of 2022 revenues not being as good as 2021, with slowdown of quantitative easing to a total stop, CPI may even be at a 40 years historical high.
Even though last week was a tough first week of the year, Xbc has not done so bad at all. I've seen it drop quite a bit in a better overall context.
Xbc is beginning to hold its own I think.
So, maybe the knife has now completed its fall.
Some NR of interest would be nice to be issued by Blainville. It's been a while, and it would be hard to believe that SFA is happening with sales or anything else for that matter.
Will not wait $4 to add, but will wait to see if we sit on the floor and if a reversal sign begins to show up.
GLTA