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Whalatane

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Whalatane

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Re: FlyFishingStocks post# 367440

Tuesday, 01/25/2022 2:23:40 PM

Tuesday, January 25, 2022 2:23:40 PM

Post# of 425795
FFS. thx I added more before the close and frankly just got lucky with the Sarissa / Denner filing .

I look for high vol reversals...at tops and bottoms ...Dec 2019 R-IT approval being the classic top high end reversal
Opening higher but closing lower on high volume on a major positive news day
Yesterday's high vol reversal ..a basic puking of the shares in the first hour or so ...in a Co that has a lot of value in the EU alone plus close to $500m cash on hand ...yet trading below $3 ...as a classic bottom end reversal
Good luck
Kiwi
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