HMX - Charts, page-384

If it now goes another 2 weeks until we hear something, then the SP will crumble to below 8 cents. The "disappointment sellers" start to sell their positions because there is no news. This is not the first time we have seen something like this. Would have been nice to get some kind of halfway meaningful update this week to mitigate or eliminate this effect.

20% plus after strong news from 8 cents or from 10 cents as a starting base makes a difference.

Then it seems to me that once again a wall is being purposefully built up (currently at 9 cents). Looking over the wall, there is not much left on the ask side. That, too, we have seen a few times before. This tempts more holders to sell under fear, whereby "somebody" then "collect" again at a lower SP. This worked well this year, when the SP crumbled from around 8 to almost 5 cents.

The underlying story has not changed. So someone selling today should really ask him/herself why they bought in the first place. Presumably with the prospect of increasing the investment tenfold in 5 days. If only it were that simple.....

I'll watch for a few more days. Either there will be good new and the SP goes up or I will buy a few more shares at a lower SP. I am still convinced that the 2023 "math" will work out. DYOR