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Eagle1

04/02/23 8:54 AM

#8628 RE: tothe #8624

Thanks Thothe here is a good post too!

tothe

04/03/23 3:41 PM

#8691 RE: tothe #8624

GDVM 20d 60min~~~ Low volatility Symmetrical Triangle and in the apex. We are in a normal trading range. In the last six months we had two bouts of excessive speculation into blue sky. We are now in continuation pattern waiting for Cusip & Symbol change and the VeeMost first 10Q
.1) We have 100 or so Longs, Position & Momentum Traders on hold.
.2) We have 500 or so Small Retail swing traders on hold or just not going anywhere soon.
.3) For the last month there was an very effective ongoing seller flush so now we are left fishing buyers.
.4) Low volume, 8.8% borrow fee, 12 days to cover and a low 1.2mil cover volume (inventory) so now all that we have actively trading are a few Broker Dealers and their favorite MMs to place orders.
https://iborrowdesk.com/report/GDVM
https://marketwirenews.com/stock/gdvm/short/
.5) The shorter ST pattern is continuation.
https://thepatternsite.com/st.html
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:symmetrical_triangle_continuation
.6) The longer BARRB pattern is reversal. You can see it on the Daily chart and catch it early on the 60min chart.
https://thepatternsite.com/barrb.html
* A brief on chart Indicators
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146368673
chart & T/A thread post

https://stockcharts.com/c-sc/sc?s=GDVM&p=60&yr=0&mn=0&dy=20&id=p13378160109&listNum=23&a=1120870561



https://stockcharts.com/h-sc/ui?s=GDVM&p=D&yr=0&mn=3&dy=0&id=p24986097784&listNum=23&a=1113701411