GREY:XEBEQ - Post by User
Post by
tamaracktopon Jun 21, 2022 2:55pm
271 Views
Post# 34772037
If you're disappointed, don't be
If you're disappointed, don't beIf you are disappointed and feel like you aren't participating in this rally, you're being impatient.
Xebec is consolidating around 90 cents after a 25% rally off its low in 3 days last week.
By comparison, Greenlane is up 14% off its low, and hasn't consolidated at all.
I know it sounds stupid to talk percentages with penny stocks, but many traders are quite happy with a quick 20%+.
Xebec is just preparing for another upleg.
First it needs some volume to get these traders out of the way and penetrate resistance from here
to $1.00.
There's quite a bit of it.
Volume is key and we haven't seen any today, yet.
The stock needs volume, and lots of it.
If the market doesn't sell off, today might end up more enjoyable than it is right now.
.91 on 290,000 shares.