
Originally Posted by
makie
I was actually expecting EEI to go back down pero murag gahi gyud kaayo.
The momentum is too strong to reverse. Instead of going back down, the buyers are just catching what the sellers are unloading and waiting for the sellers to run out.
I think 8.7 is going to be a challenge. COL has set an FV of 8.69. I think a lot of traders will take that price.
FMS also mentioned (special mention for that matter) EEI during their investment forum last Wednesday. Looks like we might adjust our initial TP at 10 higher.. hehe