So, where to from here for EQH?
It started the week quietly with very little bidding in the screen & closed the week on its highs & looking like it wants to go higher.
It is apparent that in the 2 months since listing, any loose stock has been bedded down & it is now only the believers on board.
EQH is never going to be a stock that does 10m share volumes in a day as it doesn’t have the capital structure to do so. Rest assured though that if it did the price would have a dollar sign in front of it.
It looks to me like EQH will continue to quietly work its way higher. When it does have a reason (or excuse) to really motor though, don’t be surprised to see it putting on 25% or 50% in a day...just don’t expect it to do so on high volume.
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