When the price jumped from 12.06 to 14 on the 3rd, over 60% of the price increase took place during regular trading hours. But when the price jumped from 12.19 to 13.40 on 14th, over 70% of the price increase took place pre-market.
Everybody who got in on the 3rd did so because they thought the price was just going to keep skyrocketing, then when it didn't they all jumped ship. However, those who got in on the 15th did so because of the stability of intraday trading on the 14th. IMO today's pullback was just a test of the new base level, and the price will be clearing the 13.30 mark by the middle of next week.
Good luck all!
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM