IHL 0.00% 4.1¢ incannex healthcare limited

[ATTACH] I’ve noticed some capping orders at 53-54 this morning...

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    18A0D3AA-0E8F-4559-BFE3-AEAB6F7E7D11.jpeg I’ve noticed some capping orders at 53-54 this morning (and other days recently on this pullback) now they have moved up with the price moving up from 51.5 to 52.5c
    Keep an eye on these - they may move up if we go higher.
    Usually a sign of people wanting to make the sell side look heavy as they want to influence holders to sell because it looks like there are large sellers around. This is a technique used by short sellers or someone wanting more stock lower..

    if they disappear as we move higher it’s a sign this theory has merit imho

    I’ve screen shotted it to have a record.
    Last edited by Yenom23: 31/03/22
 
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