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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > The Glimmer persists
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Post by LONAMIS777 on Mar 23, 2020 4:37pm

The Glimmer persists

"Perplexing close...? No clear and strong indicator here today... I did notice some heavy volume at end of day... Tomorrow will likely see a sharp spike in the am followed by more plateues, but on the plus side we broke the monday trend of new lows... Lots of new money attracted to the market because of these crazy deals... This will give us a little artificial boost, but without good fundamental growth across ALL sectors, it won't last... Buckle up, this bumpy ride is far from over... Keep avg in on these bargains and hold strong, the best is still yet to come... The glimmer persists...

GSTA THE LONGS"
Comment by TradeToFreedom on Mar 23, 2020 5:41pm
I would like to see some more upward movement as well but from what i can see its being held down, can see good area of accumulation from March 11 to now keeping the price in .20 to .235 area, persume most of the shorts probably closed in the area of .21 - .225, this is a loading zone right now .20 to .26 once we break through the .26-.29 zone should start to signal some more bullish indications ...more  
Comment by ProudItalianDW on Mar 24, 2020 6:24am
This post has been removed in accordance with Community Policy
Comment by Kingofstockst on Mar 24, 2020 4:33pm
I'd say a little glimpse, but I do think your target of .17 cents is farther from reality... glta
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