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Re: griffygriff3 post# 15843

Wednesday, 06/17/2020 9:20:29 PM

Wednesday, June 17, 2020 9:20:29 PM

Post# of 52481
Its not healthy consolidation its a simple process, after so many days of this .10 closing range its a trap. Here ill explain it. People get confidence because it holds, then buy on this confidence then those who bought early and a lot of shares sell some make their profit, stock goes down, some buy the stock and it goes up then those who profited earlier buy again goes up a little more others see this and buy into this then those who sold originally sell more of their shares goes down again see the pattern. Then it happens again. This can occur until the stock hits a low range from where it started and then here we go again. I have seen this many times it will occur until the company shows strength. Sad!

But don't take my word for it look at the chart for this company it speaks for itself. Do your homework!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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