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Gold/Mining/Energy : Verde Agritech
NPK.TO 0.900-3.2%Nov 13 3:59 PM EST
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To: LoneClone who wrote (16098)3/26/2021 5:03:54 PM
From: stuffbug   of 16582
 
Momo traders are likely responsible for much of the chart pattern. They chased the stock price higher, which failed to crack the $2 barrier, leading a few long time time holders and short term traders to book some profits. As the share price declined, stop loss orders picked up steam. The large 11% decline on Wednesday caused a rush of panic selling in the morning session yesterday, with price stabilizing by mid afternoon. Anonymous was in on much of the Thursday action, buying and selling. I suspect investors looking to add or establish a position were happy to see the increased liquidity.

Earnings will be out after the close March 30th.
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