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Re: NorCalTommy post# 82289

Wednesday, 08/17/2022 7:03:18 PM

Wednesday, August 17, 2022 7:03:18 PM

Post# of 113816
Hi NCT, You and LM could be right, and if you are then we will head back down to the 50 day moving average.

It is just my opinion but, It ain’t over yet.
Looks to me like there is accumulation going on and accumulation needs shares to trade hands. (Who will sell?)
day-traders need to watch out for the day of reckoning.

Two days ago 1/2 million shares traded OTC and TSX and in a matter of minutes, With a 10 cent split from low to high
Once all the shares were brought up and there was the open gap between the two, it was pretty easy to sell 500 shares back down to $1.01 or so.
Causes confusion and some shares come back into the market for sale, by nervous nellies.

I’m totally looking forward to busting through resistance @ the 200 day moving average and returning to making it support.

*************
RingRock
I wonder if I made enough noise, to fit inside the cup.
What says you? Yes, No?

There’s a lot more noise, where that came from, lol
Shrug. JMO

Follow the Technicals, or be Fundamentally too late to the Party.

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