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Gold/Mining/Energy : Anything graphite based, CCB, Zen and hopefully much more. -- Ignore unavailable to you. Want to Upgrade?


To: stuffbug who wrote (2369)4/14/2021 10:05:04 AM
From: the Chief  Respond to of 2618
 
It gives hope to longs, Shorts do not want to give hope when there intention is a 50c swing, so intraday you stay away from anything that gives hope. Institutuions obviously covered yesterday (I did but too late) and allowed the pop now they go back for another 30-40-50c
It will hit 1.61 and if I had time to watch this every minute I would just stay short, but I have to snipe because , well "I got to be on the roof" ROTFLMAO

Shorting institutions know that this is a mining company with mining investors who know DICK about HC. Institutions know HC so they know that this is far from done and are going to be here for a longtime based on that knowledge. So they will ebb and flow this thing to death and slowly wear out the pops.



To: stuffbug who wrote (2369)4/14/2021 12:15:05 PM
From: the Chief  Respond to of 2618
 
So now, they will try to hold 1.91 and the shorts will let them. This creates demand as longs believe its over, so demand will come in and the shorts will short it to 2.07 then turn it, and blow the 1.91 support. Chart readers will see 1.61 on deck and add to the selling.

Yesterday was a blip and I under estimated the intensity of the pop on fluff. That was my bad. But, today is another day