Post by
tamaracktop on Mar 31, 2022 4:27pm
Recap
A very respectable showing in an otherwise uncooperative market.
Highest close since January 13th.
Higher lows every day this week.
Today's volume will bring the 10-day moving average higher still from 1,338,500 shs.
Turned back from $2.28 2 days in a row, but probably not significant given today's market.
Who cares? It's being accumulated.
Short-covering is likely contributing to strength but they're far from done.
Going higher still. This rally is completely intact.
LOI news looms large.
Comment by
tamaracktop on Apr 04, 2022 9:58am
I posted that last Friday, after the close. I wasn't particularly concerned, but I was wondering if, after being turned back two days in a row at $2.28, there might be a wall of supply at $2.30. I thought that people might be pennying the stock, putting sell orders in at $2.28 and $2.29. Today's open at $2.31 proved that isn't the case. There's no wall at $2.30 at all.
Comment by
tamaracktop on Apr 04, 2022 10:00am
Ha! I'm a slow typer. The stock was at $2.26 when I started that post.