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clock Created with Sketch. 26/07/22
17:46
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Originally posted by All4Info:
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Positive price action the last few days (no duh)... But what is interesting is nearly every holder that has bought NTI since November 2020 is in the green (many by a long way).... There is no fundamental reason for the SP to be at 8.4c other than, that happens to be the high from the 26 March 2021.. So as we often see, many traders get emotional at previous highs and take profits there, expecting a pull back and make a trade, or get there money back (if they bought on the last highs).
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To mean the Winx target is irrelevant but it may make a few traders or loose holders to sell between 9 to 9.5 thinking that once the 10 day vwap has been set the price may fall.
