Morning Trading June 9, page-183

  1. 5,033 Posts.
    lightbulb Created with Sketch. 129
    OT  A large, previously very sound company, in a sector overdue for growth due to known future trends, under pressure from entities with large resources and track record, suddenly gets a smackdown because an official just happens to make some vague and easily misrepresented comments (nothing impugned here), with a large sell off (and accompanying take up), and just then, a few days later, makes a comeback along with almost the entire sector at the same time.

    On a completely unrelated note of course:

    PDN 5yr.PNG
    PDN 1 yr.PNG PDN 1 month.PNG

    Check out the rest of the sector over the last week as well.  I make no further comment on timing.
    Last edited by sikadeer: 09/06/23
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.