It’s dismal, insto selling triggers twitchy retail and traders with stop losses popping on the way down. Are the instos still dumping? don’t know, probably. But some have interpreted “in the coming weeks” as of the 30th Jan to have come and gone. A fair interpretation considering the language used in that announcement. If there was any uncertainty about if there was more time required then “coming weeks” should not have been in the delivery imo.
Just shows and you see it again and again a chart may seem as bullish as it gets but if it doesn’t get the right narrative it fails every time. Still in though but SL’s getting closer.
OSL Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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