Hi Neil
I appreciate that, like many, you wish to explore recent price movements.
And I hope you don’t mind but seeing as quite a few people including me have been a bit obfuscated by your style I thought I would try to clarify what you just said...
I think it comes down to you saying :
Due to QBL being a hemp company and recent announcements the price went up and down and maybe this was a pump and dump
Here is a graph showing price performance linked to events.
Now we are waiting for another announcement saying the online shop is open.
If I am not right maybe you can rephrase what you were meaning to say
Anyway here is my interpretation :
Was this an almighty PUMP and DUMP or GENUINE MARKET RESPONSES?
You say: was the stock pumped unrealistically until traders took profits or did it really go up and then down
PUMP? Did it rise based on a rumour or on hype from 1 or 2 ANN's....
You say :did it rise on rumour and pumping from a couple of announcements
1 OR was the rise in price due to a series of GOOD ANN's, Hemp Approval on Nov. 12, the buoyant CANNABIS market and VITAHEMP being in QBL's stable?
.....or did it rise on good announcements plus the Cannabis trend overall plus having a Cannabis product.
DUMP? Did it get dumped ceremoniously due to BAD ANN's or rumours? OR was it started as a profit exit from possibly being Overbought and MARKET not settling after digesting the next 2 ANNs and possible disappointment with the VITAHEMP website not being opened?
You say : did the price start falling back ( *with ceremony? Or did you mean unceremoniously ) because the market didn’t like the most recent announcements. Or because it was overbought and traders saw a good time to exit at the very same time as the market didn’t like lack of website or recent announcements.
Your graph shows the price movement and speculates at the market is now poised on the official opening of of an online shop.
Anyway the past is the past overbought or not so I guess if I am right in my interpretation you think the price will remain relatively steady until the shop is opened and after that it will go back up?
Cheers View attachment 883586
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