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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Was that it?
View:
Post by tamaracktop on Apr 19, 2022 12:05pm

Was that it?

Was $2.28 the extent of the gap-filling I expected? It certainly fits the bill volume-wise, and $2.28 is half the gap from $2.19 to $2.35. $2.30 now on only 92,000 shares at noon. If it rallies to $2.40+ on volume at the end of the day, it's likely this consolidation of last Wednesday's big move is now over. That's my opinion anyway. It's touch and go, but I'd rather it traded down to the low $2.20's first.
Comment by filoux004 on Apr 19, 2022 2:23pm
Is there really going to be a slingshot effect or when does this boomerang end? Peace
Comment by filoux004 on Apr 19, 2022 2:47pm
Oh my Shaman TT will there be a slingshot rebound soon. I'm so confused I await your advice Peace
Comment by babedinkleman on Apr 20, 2022 1:18am
This post has been removed in accordance with Community Policy
Comment by tamaracktop on Apr 20, 2022 7:54am
Xebec traded 80,000 shares of the 237,000 it traded all day in the final hour, as it recovered from its $2.25 low at 2:10 pm. Not particularly impressive. Maybe $2.25 marks the low of this 3-day consolidation, maybe not. Yesterday was hardly conclusive, and did very little technically other than adding another trading day to its "post-news settling down." Settling down in the $2.20 ...more  
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