Algonquin Power & Utilities Corp T.AQN

3 day rule . . .

[Indicator]

accumulation started yesterday as deep selloff waned.

[RayDonovan78]

Dont think so, when accumulation takes place the stock price will go up not continue to fall, Today most likely will be the same, green in the morning as the retail investor thinks its cheap but the instatutional sell off will continue in the afternoon pulling it back into the red.

[Indicator]

No doubt it will take a while for the clouds to fully part on AQN, but the selling has waned considerably and modest accumulation is taking place as demonstrated by the sticky here in low to mid $10's.  Will it fall harder and more, maybe, but so far the selling is and has been waning after 3 days of strong sell off. good luck!

[HighOctane89]

Right back to where AQN rested yesterday at $10.30 , I am sitting here with an itchy trigger finger waiting for the next leg down (if its coming) . Lots of time between now and Xmas for TL selling , I'll keep watching until the stock figures out where it wants to go .......

[RayDonovan78]

Haste is waste, just be patient, it will be in the $9's very soon

[SargeX]

Hey Ray Totally agree. I don't have any significant extra cash and never use margin but if I did, I'd buy near the end of the day and organize my sell order before the market opens to catch the ealry morning bump. I'd also like to add that you have been totally spot on with your AQN predictions for quite a long time. Good for you.  I also see you like BNS as do I (post to come

[HighOctane89]

Just my two cents worth but I got a feeling they will come out of the gate selling tomorrow Sarge/Ray . I don't see this holding the $10 level by Friday's close either , I think someone is looking for shock value on the price in this low liquidity market . If the buying stops , look out .