Tax selling is usually reserved for Mid to Big Caps for long term investors for the best effect.
In small caps... it is done, but I think on a large scale, overall not so much, however it is done in a targeted fashion, and I think SQI.V could be getting a taste of it. Just so happens my experience is that while Tax selling can be done to the end of the year.... the pressure is off during Dec 25 to New Years because the holidays are disruptive, and the logical time to actually make the move at the last minute is about the 22nd of December and be done with it... possibly an explanation for the Santa Rally in the same Christmas to New Year period!
With that pressure off, the breakout suggested by the narrow bollinger could move sometime soon by this weeks close or next week. If you're a bull this is good.
Just an observation.
GLTA Lostoutwest
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