Post by
ledzep4u on May 02, 2023 5:05pm
Today's Price and Volume Action
There was an usually high volume and good afternoon price movement on no news. All the markets were down and usually, pot companies suffer more than the big boys, but not today. If we get a higher than normal volume tomorrow and an increase in price, then someone knows something.
If this is the case tomorrow, then I'm presuming that there is word going around Washington that SAFE has a good chance of passing. Therefore, the word is out and the politicians are buying, their friends, friends friends and so on. This would start to worry the shorts and they are covering in fear of getting squeezed. It could also mean that brokers are warning and/or calling in their margins with shorts because they're concerned that the shorts may not be able to cover if the volume/price movement keeps going up. Let's see tomorrow or the next few days? GLTA
Comment by
Bullknit101 on May 02, 2023 7:55pm
1M Vol, Curaleaf is finally trending up.
Comment by
TheProphetElijah on May 03, 2023 8:59am
Let's see if we can get through 3.80 resistance and hold at the close.
Comment by
TheProphetElijah on May 03, 2023 10:47am
so much for 3.80, back to the drawing board instead, sheesh.