AC8 0.00% 4.0¢ auscann group holdings ltd

Target price, page-793

  1. 3,595 Posts.
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    Generally, large volume, wide spread gap days kill trends.

    Having said that, there was genuine panic buying all day. The stock settled five or six cents higher than the close price. That's FOMO.

    If you're a trader, you could sell tomorrows open as I suspect it will gap higher on open. After that, it's wait and see for the next couple of hours. I' d expect it to drift down after the open as DTs take profits.

    If you're in for the long haul, expect volatility, but the general direction is up.

    As an aside, AC8 is in blue sky territory now. That's never a bad thing....
 
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