The timing of the move does make it look like it was a “news” driven move.
But the strength of the upmove remains to be seen, as there’s no “new” news.
This is just the 2nd tranche of the announcement months ago, and at the same valuation. So does the market know something we don’t, or is this just a big day after a “big news” dropped, moving after months on consolidation. Will definitely need to see the price-action in the coming days/weeks.
Disc. – Invested
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