Ann: Drilling Confirms High-Grade Main Feeder at Liontown, page-125

Of the last 3 trading sessions, compress the first 2, into 1 phantom trading day. I'll focus here on ranges.

You then get 2 analog sessions: the first is a fake one from 2.4 cents to 3.2 cents, then session 2 (today), is a giant heart attack gap below 3c to 1.6c. And it took the post-4pm closing auction to hit the 1.6 cent low. I know because some of the $48k I spent today was spent defending this stock from 1.6 cents.

That range is insane. To get to 3.2 cents again, you gotta pop 100% from 1.6 cents. Which given recent totalistic volatility since the trading halt pop, isn't out of the realm.

A mere 20% retrace of the 3.2 to 1.6 move is *squints* 1.95 cents (I cbf changing this stupid 23% loopinacci value which says 2cents).

It's not out of this world to expect a mean reversion to 1.9. Probably extremely reasonable and quite deterministic. At least, more than usual. And could be so deterministic, in fact, that it may not matter if we go to 1.3 cents first. The ride is indeed wild based on these two analog "sessions". The volume, simply enormous.