Post by
Smokey1958 on Apr 14, 2021 8:09am
Steady as She Goes
Morningstar's Fair Value sp is steady at $.08 after market close yesterday. Understandably Barchart's sentiment has slipped over the last month as markets wait for more details on the timeline of the acquisition of EmersonGrow. Clearly the analysis is still favourable though as it sits at a 72% BUY.
The resistance levels this morning are at $.055, $.06 and $.065. A formidable task to get past all three but not impossible with some decent volumes. As one can see mirrored in the Bids (for awhile now) the strongest support is at $.045.
GLTE!!!