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Replies to #143 on Qudian (QD)
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PURA VIDA

04/24/19 1:31 AM

#144 RE: PURA VIDA #143

Well, I must say - with the "fast computer trading" this particular stock has become a bit of a "watching the paint dry" affair after the intial moves are made each day. Yes, the computers pretty much dictate the entire rest of the day. Can't say it should be illegal, but it is pretty much very boring. Once this breaks free one way or the other though - some good scratch will be made. Made a new move high of 6.82 but couldn't get any higher. Bears tried to force it down below 6.56 but couldn't build enough momentum. Pretty much, the majority of shares were traded RIGHT AT the 200 EMA on the daily chart of 6.70

Time will tell, but who thinks it will go higher, and who thinks it will fill the gaps left below? I personally am a bit baffled (without knowing the specifics on the Kunlun deal), but I have my thoughts on the gap fills below.