Post by
JailhouseTattoo on Jan 21, 2022 4:04pm
The pain should be over soon
There will be some more lows in the next week possible but the number of new 52 week lows including this one in the tsx is tipping towards oversold,more often than not when the lows fills over a page its just about over and the next kick up is near ,that said the last correction in mar/april2020 pushed it to 4 pages, if this is something you want longer term time to start the acquisition process just don't shove all in ATM as the bears are still in charge.
Comment by
Bookworm28 on Jan 21, 2022 5:04pm
It feels a bit oversold. Nibbled at a few shares today around $12.40 CDN. Hoping for an uptick on Monday.
Comment by
JailhouseTattoo on Feb 02, 2022 10:05am
Good pick up and once again the new lows total indicator works again to find the temp bottom of the market.