HHIGambler: "Although this is not a hard and fa
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Posted On: 07/20/2021 9:49:58 PM
Re: HHIGambler #96775
HHIGambler:
"Although this is not a hard and fast rule, closing at the high of the day "generally" means the bulls are still in charge when the market opens the following morning."
And is also a part of the reason why there are so many games played at the close, trying to get that last trade of 100+ shares printed so it's the official closing price...
"My gut feeling is that if we break $1.90 tomorrow, we will probably find a wall at $1.99. If there's enough buying to push us through $2, then I think we may see $2.20 or better tomorrow, but we'll see."
Agreed, trading the rest of the week should be quite interesting in CYDY land, and right up to the Annual Meeting...
"Although this is not a hard and fast rule, closing at the high of the day "generally" means the bulls are still in charge when the market opens the following morning."
And is also a part of the reason why there are so many games played at the close, trying to get that last trade of 100+ shares printed so it's the official closing price...
"My gut feeling is that if we break $1.90 tomorrow, we will probably find a wall at $1.99. If there's enough buying to push us through $2, then I think we may see $2.20 or better tomorrow, but we'll see."
Agreed, trading the rest of the week should be quite interesting in CYDY land, and right up to the Annual Meeting...
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