The Tree Shake is a complete fantasy used by rationalists all the time.
Institutions dont dump stock so they can buy it- especially on a short time frame to an alleged wonder announcement- especially on a low volume stock.
This stock just looks like Cudeco to me. A high profile CEO on constant hype with zero evidence. Its mkt cap is dangerous and I held LNG for a long time before reaching the same conclusion, so take my POV at face value but don't call it a downramp because everything I've said is simple fact.
On a technical front its merely had a classic 61.8% Fibonacci retrace if you take 10 bucks as the breakout. Its not an "reckless seller" , its profit taking.
AKP - Chartwatch, page-208
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Last
$6.20 |
Change
0.000(0.00%) |
Mkt cap ! $181.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| AKP (ASX) Chart |
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