they are right, i would say +/_80% of the time especially with liquid stocks. It fits with the rising channel in my chart anyway, but we need to break 32 on the daily, we will see..
and just to add, the 50 MA is just about to cross the 200 ma on the daily chart (blue arrow). which makes me think some news about to land, (that will make the volume required to push it up)..
happy to hear from the more experienced chartists though...
Yesterday you could buy for 25 (which i did), now you have to pay 27.3 and i expect it will be much more over the next few days. You need volume though, we only had 5 trades so far today..
there are different ways of fund raise. venn/currently orph which recently had rto, raised funds through 3 iis at double the share price which continues to rise since the rto (almost 4 baggers now)..
Q: Is consolidation a bad thing? Google answer: A: No, it’s not. It has no negative impact on your end. Share consolidation reduces ALL the shares held by the shareholders and when every shareholders get affected no one loses out. The number of your shares is lesser, but the percentage ownership and value of your investment remain the same.