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S&P 500
5,304.72
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0.70%
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US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
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81.97
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Post# of 1951
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CornellEngineer

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CornellEngineer

Re: JohnCM post# 366

Sunday, 11/25/2018 8:42:00 PM

Sunday, November 25, 2018 8:42:00 PM

Post# of 1951
I'm trying to figure out if this warrant stuff may cause upward or downward near-term pressure on ORHOF's stock price or have little impact at all...

https://www.gsb.stanford.edu/faculty-research/working-papers/stock-price-management-share-issuance-evidence-equity-warrants

All gobbledygook to me...good thing I chose engineering over business. Meanwhile, keep an eye on the DJIA...

https://www.tradingview.com/chart/DJI/6slJniZF-DJI-DOW-JONES-DOUBLE-TOPS-ADAM-ADAM/

I've been watching this since the lows in April and it sure looks like a potential classic double-top to me. If the Dow can't hold ~23350 then look out below. Last week wiped out all of 2018's gains and we may soon be working on eliminating much of 2017's as well.
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