Replies to post #284876 on The Golden Lounge

[Theo]

$ATOM "This is reminiscent of the Jan - March of 2021 run..."

I know, a run is a run regardless whether it's news driven, squeeze driven, manipulated, or legit. Still, it's fun to watch...;-)

Below are two charts. First one is the run from Jan 4 2021 through March but I'm only highlighting (the red arrows) the first 5 trading days of that run Jan 4 - Jan 11 Monday a.m. - Monday a.m. (Had to use a weekly chart to go back that far). The second chart highlights the past 4 trading days so far. You'll notice that in both cases, the runs were impressive and neither had hit a double yet at this point, but the momentum was strong and the direction clear. Very similar action following very similar impressive news releases. At the time of this post, the stock appreciation two years ago was just shy of 60% ($16 to $28) at this point, while today's action is just over 65% ($6 to $9).



The second chart is the past 4 trading days after the release of the last news