so unlike company specific "news" like Trial Results,the "insiders" do NOT know how it's gunner swing re tenements. Whereas Buyers can become exhausted and not bother to buy especially over a % spread,Sellers can have a Need to Sell and are driven by personal circumstance ie Sellers lack patience and are disconcerted by No Action.
See my weekend post on CNX becoming predictable.I reckon today is an example of Buying by the "Outsiders" in CNX,is dropped to below 28ish and looking at Geometric BreakOuts of Vertical DownTrend lines is irrelevant compared to noting Lower Highs and the general "out in d'Cold" current sentiment in this Sector
but,that's right the Capping is Over as of today.LOL. Was it Capping or short term pilgrims looking for a 30cent price to QUIT!!
cheerio.
CNX Price at posting:
28.5¢ Sentiment: None Disclosure: Not Held
