Trading Summary - April 23. Was going to gap up
Post# of 2306
(Total Views: 125)
Posted On: 04/23/2019 4:52:00 PM
Trading Summary - April 23.
Was going to gap up at the open - pre-market was .7000 x .7200.
Seconds before the open an undercut ask was put up at .7000 and someone whacked the .6950 bid.
Thereafter, there was much jockeying for position all day.
A few non-credible soft bashers appeared on iHub with blatantly incorrect "red herrings" which were firmly debunked by more knowledgeable and credible traders by about an hour before the close.
Overall, 1,304,201 were traded in the range .3900 to .6950.
People failed to hit the ask to keep the momentum going after the .5100s were up following the hard bounce at .4000..
No problem though - it will almost certainly gap up above the painted down close at .4650 above the undercut ask hold back attempt that was left at .4800.
If a filing or PR comes out before the open, I expect to see a gap way up above .5000.
Was going to gap up at the open - pre-market was .7000 x .7200.
Seconds before the open an undercut ask was put up at .7000 and someone whacked the .6950 bid.
Thereafter, there was much jockeying for position all day.
A few non-credible soft bashers appeared on iHub with blatantly incorrect "red herrings" which were firmly debunked by more knowledgeable and credible traders by about an hour before the close.
Overall, 1,304,201 were traded in the range .3900 to .6950.
People failed to hit the ask to keep the momentum going after the .5100s were up following the hard bounce at .4000..
No problem though - it will almost certainly gap up above the painted down close at .4650 above the undercut ask hold back attempt that was left at .4800.
If a filing or PR comes out before the open, I expect to see a gap way up above .5000.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.