Post by
Str8Shuter on Jan 14, 2022 2:58pm
Capitulation Day
Been rather rough for the MOGO SP since the start of November, but looks like the bottom may finally be in. Touched the lower BB today and came within a breath of the 1.618 Fib level before bouncing upward. Feels like capitulation, but only time will tell.
Some apparent stock price manipulation lately. Anyone notice how active Anon and CIBC bots have been on both Buy and Sell sides, trading 100 and 200 shares back and forth?
Expecting to see short sellers covering some of their positions today, which should help to push the SP further up in the final trading hour. Would be nice to see the volumes pick up in the process.
GLTA!
Comment by
zalmonella on Jan 17, 2022 12:17pm
Been rather rough for the MOGO SP since the start of November, but looks like the bottom may finally be in. Jeez, that's what I said mid-December when I decided to average down. Early.
Comment by
stever50 on Jan 17, 2022 5:58pm
I figured coin is way down is that the reason this is. Something has to turn here
Comment by
quemein on Jan 18, 2022 1:12pm
The problem that I see with Mogo is that it is seen as a Crypto stock but it is more than that. Can't seem to shake off this perception. The number of green days over the last month can be counted on one hand....just brutal.