RE: Share Trades11 Nov 2022 19:46
On monthly chart: the last time we had MONTHS this big (Jan 2021, June 2018, Oct 2017), the stock rose materially...
The only WEEK with more volume was week of October 20 2017 when price was at 4p... on its way up to all time weekly closing high of 13.35p.
The second highest WEEK was Jan 29, 2021 - which was unfortunately near a top given it closed that week around 11.45p. But several high volume weeks prior to that one.
My money is on it going higher from here... hence the reason I bought more today. Initially bought some because I thought it might be dipping due to CFO news which I thought was silly. Little did I know I could have saved nearly 5 percent if I bought after the big trades. Oh well. Sadly I'm averaging down at 6.8p
Have a good weekend everyone!