Q: After being beaten down for several weeks, Lumine and Topicus shares jumped, Today (Tuesday), by 15% and 7%, respectively. Volume was not huge, but price action appeared to be good.
Do you think that this could be a sign of year end tax loss selling abating ? What would confirm this thesis ?
In theory, should it also help Constellation Software stock regain some strength ?
Both LMN and TOI are still down over 50% from their highs, but at least, it looks like a positive sign, as long as it does not reverse course.
Thank You
Do you think that this could be a sign of year end tax loss selling abating ? What would confirm this thesis ?
In theory, should it also help Constellation Software stock regain some strength ?
Both LMN and TOI are still down over 50% from their highs, but at least, it looks like a positive sign, as long as it does not reverse course.
Thank You
5i Research Answer:
It is a positive sign; there is really no way to confirm the thesis other than looking at...