daily chart. After that BB pinch, we did move down. I dont see any reasoning behind it, other than it was manipulated down on weak sentiment and weak buying.
There is an algo that pushed it down past 7.8c, once it was sold from eg. 7.7 to 7.7, immediately 1M shares added to the 7.7c sell side. Thats not legitimate selling or buying action, purely trying to push down the price.
Where are we at now, i think sideways for a while in an attempt to frustrate holders into bailing at these rock bottom prices. This happened for several months in mid 2021, and also similar end half of 2022. Big boys getting their fill of the 2+B shares on issue. They have the time and money for these games. Since there are no shorts out, their only gain will be the SP going up, so thats what im waiting for. Id rather have my cash and be trading somewhere else but if this moves hard and fast upwards, ill be left with my pants down badly.
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