Resonate Blends Inc (KOAN)

[Luho]

Anytime.

I'm not sure why that last transaction painted as red. It was 9 v 10 on the bid/ask. The ask at 10 got completely bought up with that transaction (which would be a buy 99% of the time). Then the bid/ask became 10 v 11

Pretty clear to see using L2 and watching it unfold.

Btw, there were only about 4-5M on the ask at 11 if I recall correctly. That's quite a bit less than what had to be bought up at 10. It's always a positive to see it thinner on the next tic.

With that being said, I'm not getting my hopes up. Still need to see continuation of the buying with lack of retail selling. Also need to see if anything gets dumped on 10 if the bid gets stacked. If it does, that would most likely be dilution. If not, it's a huge positive.

A lot to be done, but no matter how you slice it, today was a good day.