Forwhatever it's worth, shorts have been on the rise for the entire June month. However, they failed to make a dent in SP.
Until 22nd June where probably Tax selling washoff joined forces and shorts upped their game to level(reaching 4.07% on 22nd).
Most probably they kept rising from theer as their last frontier(will be disclosed in coming days).
All that while from 16th to 21st, someone started accumulating(look at the volume).
While SP came under pressure on ASX, NASDAQ didn't budge much. and last night once again, it broke ranks with MSB SP and rose up.
Also, while ASX volume eased down slowly, NASDAQ stayed much higher compared to their average.
Always hard to be sure, but this can be a turnaround, with 30th June up close where tax selling stops.
$MSB data:
$MESO on NASDAQ data:
2023 The Final Countdown, page-993
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$1.11 |
Change
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Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 3364 | 1 |
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