Aurora Acquisition Corp (AURC)

[BonelessCat]

Sagan, Agree that AURC, as are all pinkies, is PR driven. Though, an interesting parallel, don't you think? NDOL found support at .73 and was way down 11% or something. NY Gold was off of 26 year highs and closed down from there about 4.3% and found support at previous resistance. AURC closed down 4.5%.

IMO, AURC should have risen today, after the normal Friday sell-off, but weakness entered when gold failed to bounce back at close. Seems to me that AURC's close took a que from gold's small dip below 710 and settling at 710.50. JMHO

I like to look for connecting patterns. These connections often lend insight into action and they are invaluable for timing and trading strategies.

On Monday, news in the pipe moves us with or without gold. If gold moves up, AURC will move up without news. If gold moves down, AURC will test current support on Monday.

But, what do I know. I'm still learning the basics of TA to add to my understanding of co-occuring patterns.