IHL 0.00% 4.1¢ incannex healthcare limited

hi @Breakingsystem.it's probably me who mentioned the...

  1. 223 Posts.
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    hi @Breakingsystem.

    it's probably me who mentioned the shorts, the % of shorts are nowhere near as epic as some posters would like to believe.

    I did see you mention accumulation and Wyckoff a while ago, perhaps on the chart thread where this convo might be better.

    I'm undecided on this, mainly because of volume. not a lot is being accumulated. The pattern of 'not buying into the ask and sitting below it and waiting' seems pretty ingrained lately. Also, the larger volume days (today for example) are all red days will sell pressure.

    beyond that, I've not looked at the charts for a while.

    Honestly, I bought in years ago from 2-7c and have not bought since, so I'm just saving more $$ lately and waiting for capitulation, I never thought I'd get another bite at it at these levels.

    No rush though, markets not changing any time soon..
    Last edited by Lurker99: 05/01/23
 
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