tank? Geez Sunny, you’ve got a shallow (definition of) tank imo.
What we have here is a failure to appreciate
the potential for a short squeeze to play out, if taking a short position at this level, under these conditions.
Near All time Highs;
Large potential for a surprise market announcement, direct or indirect
(MSM news of INR’s Rare Earth Metals Index inclusion, US Lithium News etc);
just bounced around and recovered from the long term support support level of 76.5-77.5,
LongTerm Indicators show that good Long opportunities are already being taken up steadily and they also reveal that Selling pressure is Low, implying that an uptick in price is due.
I therefore don’t believe that you are short on INr.
I don’t think I could find enough reasons to justify it, if I was waiting to pounce on the right conditions.
Your forecast was that any of us who go quiet must be shorting or trading it but that is a way for you to bring attention to a narrative you want people to believe - it supports your agenda to have people believe this but in fact you wouldn’t have a clue what others are doing here.
In the same way, I think you’re also wrong about shorting INR, you just want others to believe you have shorted but you’re hoping for a proper entry point and need a little bit of a hand from mr market fear.
Nobody would short it right now.
Whats your gamble in a date for when we will List in the US?
Any idea?
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $327.2M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 13.8¢ | $224.8K | 1.602M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 265571 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 991309 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 265571 | 0.140 |
20 | 1642552 | 0.135 |
19 | 1382705 | 0.130 |
6 | 1144000 | 0.125 |
9 | 533154 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 931309 | 9 |
0.150 | 261816 | 4 |
0.155 | 604959 | 5 |
0.160 | 536986 | 7 |
0.165 | 186250 | 5 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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