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Bullboard - Stock Discussion Forum Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR... see more

CSE:TRIP - Post Discussion

Red Light Holland Corp. > Its all about the volume
View:
Post by 88guy88 on Dec 10, 2020 2:59pm

Its all about the volume

1 hour to go.....last 3 days....32 million..21 million...and so far 18 million


Parabolic equals pullback.....the old " trees don't grow to the sky" analogy
Comment by InvestABCs on Dec 10, 2020 3:02pm
true, and volume patterns intraday 9:30-12pm highest... you anticipating a pullback after today?  what is your call?
Comment by 88guy88 on Dec 10, 2020 3:18pm
its very tricky to read but history says that a chart like this on 3 days of declining volume means the new buyers frenzy is drying up.....a correction is DUE....but just my opinion on what parobolic stock runs have done though history I made money a 3 times on this stock and you probably made the same gains by just holding  tomorrow and even more important is the trading next week will be ...more  
Comment by swim on Dec 10, 2020 3:31pm
200%+ is pretty good, but imagine what potentially could be in 2021.
Comment by 88guy88 on Dec 10, 2020 3:40pm
all stocks have potential....until they don't.....nobody invests in a loser....we all buy winners....at least thats what we believe the market decides
Comment by swim on Dec 10, 2020 3:56pm
Well said 88. I'm a firm believer that TRIP has huge potential and they appear to have a game plan. Will they execute?  Obviously I was pleased or perhaps lucky to buy in multiple times in the.07-.08 range.  Without  a doubt I didn't think we would be here this fast.. Certainly we can have ups and downs,  but I believe long-term it could be a wild positive ride   ...more  
Comment by InvestABCs on Dec 10, 2020 3:58pm
day 3 mega volume almost matches day 2... that argument gone... has been slow and steady up until tuesday, tomorrow is a friday end f week,positions get dumped??? OMG so many questions no answers...except long is less stress, set it forget it LMAO
Comment by InvestABCs on Dec 10, 2020 3:46pm
conceptually i am long and as you know are not an avid flipper, but i am on the same page as you in this sense, the air comes out at some point, pinpointing this is very challenging. i wont let go of all, but might divest half for a dip rebuy to up the holding...ahhhh probably not though lol....the % + on float isn't worth the opportunity risk as I am working wit the same float, no ...more  
Comment by Pbmoney on Dec 10, 2020 3:04pm
I was thinking about the volume, but we are still way above the average. While it's 3 days of declining volume, and slowing, could still be considered strong buying.
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