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
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $348.8M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $507.6K | 3.293M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 476823 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 64319 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 443490 | 0.150 |
12 | 602727 | 0.145 |
21 | 997062 | 0.140 |
15 | 1396145 | 0.135 |
16 | 1484102 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 39672 | 2 |
0.160 | 75000 | 1 |
0.165 | 201250 | 6 |
0.170 | 305496 | 5 |
0.175 | 285000 | 5 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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