IHL 0.00% 4.1¢ incannex healthcare limited

Ann: First Key Appointments to Medical Advisory Board, page-53

  1. 1,869 Posts.
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    Leaky Boat for what though... trials havent even started yet. This sell down on low vol, however it is relentless. Why? Emotional fueled retail likely.

    IMO, sell-side pressure aint all cracked up at all. Hasnt been that way since 9c with the 10-11 rez.
    But, buy-side pressure dropped off a cliff last 2 weeks and thats why its easy to sell down on low vol.
    Buyers are weak too, lurk below. I'm not sure why this shift in ST sentiment has happened to IHL... Literally nothing has changed in the fundamentals.
    Again, sector has been weak atm since the hot money has left for other sectors like gold. I'm waiting for BOT trial results to renew interest in the sector.

    Tomorrow we will see last weeks data... Should confirm a few suspicions of mine.
 
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