Post by
GSTbay1060 on Nov 18, 2024 12:21pm
Let’s see how far
we consolidate from $8.34 to the end of the day?? My bet is some big players will be dumping soon to catch retail and trigger stop losses to generate more shares so it is easier for them to cover??? It has been a very heavy day so far... If the spot slumps so will the sector. Even though it is such a small portion of the fuel trade but it is all retail can see to base a decision with other than all of the positive news..
glta
dyodd
Comment by
MightyMorf on Nov 18, 2024 2:41pm
Last hour of trading should be interesting. Do these U stocks end the day in this consolidated phase of the day's trade or do they move back towards their high of the day's trade? It would be nice to see them close near their day's high.
Comment by
GSTbay1060 on Nov 18, 2024 2:48pm
MM, that would be nice to see UEC close around todays high.. But, that has not been the case in the past.. Usually a slump at the end of the day... It would be nice to see a different end than the normal consolidation at the EOD. glta dyodd
Comment by
GSTbay1060 on Nov 18, 2024 4:27pm
Well $8.28 is off from the $8.50 high of the day .. However it did stay well above $8.... The question is what will tomorrow bring??? Will the shorts continue to cover??? Will the shorts push it down to scare new investors out of their shares??? Lots of things can happen.. One FACT!!! Today was ENTERTAINING!!! glta dyodf
Comment by
MightyMorf on Nov 18, 2024 6:04pm
Volume was more tan Friday and up over 11% Not bad UEC