FormerXBC Inc XEBEQ

RE:You might feel alot better if you look at a different chart

[tamaracktop]

tamaracktop wrote: The default chart on Stockhouse is what's called an Area Chart.
It shows only the closing prices.

Tap on Area where you see the stock quote and look at the OHLC chart instead.
This chart shows the Open, Low, High, and closing price everyt day.

It provides far more information than an area chart, and paints an entirely different picture.

This chart shows that Xebec hit its year-low at $1.37 intraday on February 24th, and then closed at $1.51.
It then rallied to a high of $1.79, and dropped back to a low of $1.46 on March 8th, and rallied to close at $1.62 that day.
From that close it rallied to a high of $1.95 on March 11th, and dropped back to a low of $1.61 two days later.
From there it rallied to an intraday high at $2.09 on March 17th.
And now we've dropped back to ~$1.70.

All of this information is portrayed in an OHLC chart.

Xebec has been making higher highs and higher lows consistently since February 24th.

The consectutive lows have been $1.37, $1.46, $1.61, and only last Thursday $1.62.

The consecutive highs have been $1.79, $1.95, and $2.09.

Technically the stock looks set to challenge the recent high at $2.09.

The OHLC chart is far more impressive than my description of it.

I would absolutely encourage everyone here to look at it.

I'm certain you'll feel far more optimistic.