Very large flush at the opening, more than likely took out a lot of stop losses too. It was down to -9% at the opening and at the time of writing this, it is -1%....so there is some play acting right now.
So people have made a quick 8%.
Price came within $0.05c of filling the gap down to $4.74 from early 2020 and just finished above the the bottom of the red wedge, which it has been in for 9 months now.
Let's see how the day goes but certainly mixed reactions right now.
Charles D
2024-03-05 15:06:59 +0000 UTC