A Good Day4 Mar 2022 16:26
HEMO has struggled just like the majority of stocks, and is oversold due to the this war, that nobody but Putin wants. Those who sold today I have a feeling will be buying back, as potentially this is the bottom and could reverse quickly. RSI lowest its been for months, volume is way up, highest volume day since 5th Jan, way below the 5DMA. Demand is there today EVEN with all this global risk in our midst!!
Subject to how the Ukrainian situation goes over the weekend - ie, if it gets no worse which we can only hope and pray for, this should be the inflection point for the bounce.
Down to macro markets now but potentially the best time to buy HEMO. Those who blame Vlad are, IMO, aiming their anger at the wrong person, and making decisions to sell at this point without thinking it through properly.