Post by
tamaracktop on Oct 01, 2020 10:25am
the gap
I have seen this many times. Xebec is digesting the gap. That is to say it is absorbing all those who would have sold in the $4.20's. This may or may not take a while. Shouldn't be more than an hour at the most. Once those sellers are gone, it will do another leg higher.
Comment by
tamaracktop on Oct 01, 2020 11:26am
Right on schedule....1 hour later
Comment by
XmasInJuly on Oct 01, 2020 4:24pm
Glad I jumped in yesterday. I watched the run-up on the sidelines because I didn’t trust the pumpers posting on other threads. That will be my only regret. Cheers all, let’s enjoy the ride.
Comment by
tamaracktop on Oct 05, 2020 10:11am
I posted that Thursday morning. It applies today as well, replacing "those who would have sold in the $4.20's" with those who would have sold in the $4.70's. This has tremendous momentum. When it gets to $5, today or tomorrow, if this volume keeps up, it will cut through 5 like a knife through butter.