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More big buys today. This is encouraging. Wish the SP moved a bit more with it.
Core Intact. Still Patiently Observing
Big ole cock block at .37 now. I fear .34 is back in the picture, and if it falls, .30
Core intact. Patiently observing.
Churned through that big ask, fingers crossed that new support was established at .40
Covering usually happens in two ways. In a flash like squeeze when short positions panic cover and each buy creates a chain reaction for others to hit their buy limit... (Think Stop Loss raid but the other way) Or in a grinding churn like accumulating, this doesn't really move the SP... We want the squeeze.
Either way, covering is buying.
Our big buyer was chasing on the way up, and now looks like there is a big seller chasing on the way down. Big ask moved from .41 to .40.
Wonder if it's our same player who might be done. This all started at .35
Observing for now. Core intact.
Yep. As long as you are comfortable missing every once in a while.
I have a core position that I won't touch, but have been swinging a couple thousand shares from .30 to .35. Unfortunatly, looks like I sold too early on this pop. I may be out of the swing for a bit.
Happy for my core to see it rise though.
Looks like someone is selling into it though. Hard to blame, we are relatively high for where we've been.
Part of that big bid moved up to .355 then .36
Slap the ask, make that monster bid chase.
Monster bid at .345
If the 20 SMA gives... right now it's been holding it up on repeated attempts to dip below. I'm passive at the moment. I would enjoy a move either way.
Loading them back up!
Back in the channel it seems. Time to begin accumulating for the next little pop I guess. Core still intact.
We've gone anemic.
Filled, .3306 gave up on my hope of .32's because I saw a pretty decently sized wall at .325. Suprised I filled so fast, and my bid was .332
I'm hoping (and holding out) for .32's. Perhaps I'm wrong. Won't be the first time, nor the last. But buying anything under .3799 and I made money on my flip (assuming it goes back up at some point).
I do still have a sizable core position regardless of what it does, but the flipping gives me something to do in the meanwhile.
Someone turned the volume spigot off.
My .297's just sold for .3799. I'm pretty happy about that. Obviously betting on myself being correct here with a pull back, but if I'm wrong I still have a core position (that is still red)
Tomorrow will be interesting.
This might be the beginning of the little breakout I called from the descending wedge accumulation... I think mid .30's then a new dip from profit taking from those who have been accumulating the past few weeks.
I agree. But prior to the CoVid crash it was, IMO. I think it's due to spike (which is a relative term) into the mid .30's which will result in a sell off for all these shares being accumulated down here. I think there are people playing .01 right now.
Chart is really getting tight, might pop a bit soon.
Well my .30's filled today. I'm happy. Ready for the push back into high .30's and low .40's. Hopefully with some FINs'
My .30's didn't fill. Poop. I set my orders up early in the AM too. Oh well, maybe today.
Wish I had some more powder. I thought I was clever getting some at .34 yesterday.
This will take some time to recover.
Holy shit.
Holding up pretty well to the CGC report related MJ dump. My only area of concern is in Canopy's statement or admission that it had too much indoor growspace and that outdoor growth was more efficent. This makes me wonder if 360 will ever see full operation.
But all in all, with the Canopy news and CV fears... We are doing OK.
Lol... I got greedy and put my order in for .34 and didn't get a single share... sad face.
I did grab some .365's on the chase
pretty sure you got lucky with CV outbreak and your broke ass short position here. I would cover this time.
Does't get any closer to "buying the fear" than this. Load up if you can.
Im not having any fun today.
CV fears. Good opportunity to buy in/more IMO
hopefully we see a steady rise starting next week. If we have another nice report (2600+ or so) our chances will be greater.
Long term sure. Just thinking of short term swings. It would be a big move to .50 ... roughly %45 gain.
This looks due for another little squeeze into the .50's ... Wouldn't be surprised to see one soon.
Still trying to figure it out... away from PC for a bit. There is obvious growth in overall THC numbers, but not in Dry Flower numbers. Truleive is the opposite. Overall THC numbers are pretty flat, while they are showing growth in Flower sales.
I found the archives on OMMU and made a chart in excel comparing us to Truleive over the past 15 weeks or so... but can't seem to figure out how to post it here...
has anyone charted these numbers over time? I was going to, but can't seem to find an archive on the OMMU site.
Slap em right in the ask.
.53 might be a little bitch again....backed up by big bitch .57
I'm not going anywhere... I got time. I will happily hold my core tight, but am not afraid to flip what they give me at the same time. I grabbed some .465's yesterday... didn't fill today, will keep looking for more, and opportunity to flip these new cheapies.