EVN 0.00% $3.92 evolution mining limited

Ann: December 2022 Quarterly Report, page-41

  1. 312 Posts.
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    The sucker punch was delivered today. It was always going to happen. The retail trap. Forget brokers reports and the dollar and inflation. EVN, as are all stocks, has been manipulated by big money leading into the quarterly. The sp moved up through the big gap fill at $3.29 no doubt with many TA retail selling some holdings (big guys then bought them plus already held heaps). So the SP moved up to $3.40. Yipee! quarterly is going to be good! Then went back with support at $3.29 encouraging more retail buying. Yay, support! Then another opportunity for big money to accumulate by dripping sp down to $3.24. Gloom! Report is going to be bad. Sell on any rise on tuesday! And rise it did. But slowly with a big breather at $3.30. Just above $3.29. And attracted money from retail with the help of a little big money pushing. Then today with some big money pushing, EVN jumped as retail rushed in thinking this is it! Now is the time ! And cruelly big money sold and continued to force down the Sp until their next entry. A retail trap.

    There is a gap at $3.05/$3.07 where I will look to buy back the 10% of EVN I sold (10,000 shares) into the orchestrated highs.

    Fundamentals are one thing. But share mkt reality is another.
 
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$3.95 $3.96 $3.92 $26.22M 6.665M

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No. Vol. Price($)
5 250632 $3.91
 

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Price($) Vol. No.
$3.93 164798 3
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