GREY:XEBEQ - Post by User
Comment by
tamaracktopon Aug 02, 2022 1:58pm
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Post# 34866275
RE:Technical Analysis
RE:Technical Analysis tamaracktop wrote: Look at the chart. Draw a line connecting the highs since the close at $1.06 on May 25th. Clearly if $0.83 holds today the upper band of the downtrend line will be broken for the first time in over 2 months. Do it! Look at the chart and draw the line and you will see exactly what I'm talking about. This is encouraging, but the stock needs more volume to reach escape velocity.
The volume that day was 685,000. If it does 800,000+ today, it will be a bit more convincing.