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Re: Rader1977 post# 110488

Wednesday, 04/10/2024 4:17:25 PM

Wednesday, April 10, 2024 4:17:25 PM

Post# of 113339
Not always, no!!!

I would not even hazard a guess.

We broke through the 50 day moving average and continued on with three white soldiers breaking through and closing above the 200 day moving average today.

So you need to decide who was buying above the 200 all day, and what is the likelihood of that kind of exuberance turning right around and going back down to where it started?

https://stockcharts.com/h-sc/ui?s=NB.TO

With Yorkville at the helm, pretty likely ha ha ha. But I can’t say.

If I was looking to buy more on the rebound (if one), or just hang on for the ride, if it keeps flying, I would put a bid to purchase at $3.90 Canadian which is one cent above the closing of the gap on the TSX exchange. But that shit fun in the sun type stuff.

Good luck Rader1977

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

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