RE:SPNewAgeMetal wrote: ....sure was nice to have a solid green day yesterday, felt like the summer of 2018 again.
Today’s T.LGO volume (254K) is almost as high as yesterday’s (263K).The opening sp was C$16.64 and it went up as high as C$16.77 in the AM. From the day’s highest (C$16.77) to the closing price (C$15.24) we had an intra-day drop of 9%. Why so? Profit-taking would be normal after a non-stop 8.5-day positive run which has pushed the sp up ~50%.
The bullish sentiment is still strong as V prices continue to rise. I see no reason for our momentum to change course until perhaps after the dreaded Earnings-CC (March 17).
DYODD