That gap down on the weekly for AUMY was impressive trend reversal signal. I fully expect it to fall back into its 200D ~4.22 and then let's see if it bases/holds above. But moving from .92 to 19.71 for a 2000% stock gain in ONE YEAR is... unusual and represents massive OVERTRADING. It could digest a good while now until fair value on its fundamental picture catches up to its still-elevated price.
That gap down on the weekly for AUMY was impressive trend reversal signal. I fully expect it to fall back into its 200D ~4.22 and then let's see if it bases/holds above. But moving from .92 to 19.71 for a 2000% stock gain in ONE YEAR is... unusual and represents massive OVERTRADING. It could digest a good while now until fair value on its fundamental picture catches up to its still-elevated price.