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  4. CytoDyn Inc (CYDY) Message Board

ER, we hit 1.63 on November 10th 2020 and prior to

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Post# of 153839
(Total Views: 579)
Posted On: 06/24/2021 7:57:14 PM
Posted By: HCIT
Re: Evil Rabbit #94504
ER, we hit 1.63 on November 10th 2020 and prior to that the low was 1.39 as that is a gap that hasn't been filled so far. $1.63 that we hit today appears to be a double bottom and I was surely hoping it would stop there as I said yesterday or the day b4, gosh, getting old as I forgot when I posted it.

So, we hit $1.62 which to me is nothing regarding going below $1.63 it's still a double bottom because we stopped there, at least for today. If we continue to climb or grind up, which is up to the market traders, it could be stated that we have hit bottom, at least in my mind. We need volume + tomorrow to show that the descent is over for now unless good or bad news comes out which I don't think will happen.

But there is a gap at $1.39 from March 27, 2020 which was the high of that day and the low that day was $1.02. This gap has not been filled and it doesn't really have to but it's just there lingering but we are an OTCBB stock so who knows. Only the nose knows if we will go down that low and I sure as heck do not want to see that as our shares have been oppressed enough already, don't ya think. So, no, it's not the 3rd time shares hit $1.63, it's a double bottom only ER and that is a good thing - GLTU

HCIT/ahab333


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