It's just a forecast, as I am forecasting further destruction on the share price. They probably wont achieve that, just as I think STX wont hit 14c or 16c tomorrow, Maybe it;''ll hit 20c and just hold either way we are both forecasting.
I hold STX SHORT I have been since 32.5c after DIPBUYING the first crash, in at 31c and scalped out at 32c for a quick $100 profit. Since then I have been shorting. Yes I said it, to much displeasure of the ASX Investors here. I STILL HOLD just under 10,000 shares will DEFINITELY look for adding and re-entering on any FAILED spike
Honestly not sure what MONDAY will bring, to turn this DEPTH completely around. Not sure how peeps cannot see the trend and are standing infront of this $1B Train (no longer worth $1B) but heavy to say the least... Human V Train...Train always wins
I have no story, I am just piggybacking the whale liquidator into what seems like still a believing retail crowd. It's not suspicious at all and those numbers you mention? I am not an investor and cannot appropriately answer as its WAY out of my expertise. I stay in the lane I am good at.
A speculative stock certainly brings speculative theories. We actually all know Gina's history. It's run up and now it's dumping. Are you saying GINA is the one who sold down? BECAUSE SOMEBODY DID! ASX IS NOT DISCLOSING YET as they still got more ammo to sell I reckon before they show a CEASING TO BE A SUBSTANTIAL HOLDER NOTICE
One person dares ask questions?! Be careful bro don't get targets on your back. @Second great analysis in my books
Volume is a fantastic thing. Much to learn I reckon... You clearly missed my point.
People are HOPEFUL when they should be FEARFULSTX all the best for SE2
The person who posted that screenshot sir WAS me!
Yes I like this thinking, although I really am not surprised if Monday bounces NOR will I be scared really as it will meet severe overheads I suspect. Either way my exposure isn't much and still hanging profits there but I feel more so for the believers if things turn out nasty again although iut may provide another dipbuy opportunity for some short term scalps/swing trades
Have you seen the SHORTSELLER data friend?? They are just taking partial profits is all. Opportunistic buying is by the believing retailers and the genuine shorts taking profits along the way as they are meant to do.
Love your work @slick but if I may say so, RSI is just 1 thing in the overall grand picture here. This is nasty no matter how anyone tries covering it up. Markets have reacted. I suspect a bounce but wont be much, also I will be watching for any trend change or turn for me to exit and go the other direction. After all,. I am just a trader using the volatility to grow my account size
STX Price at posting:
29.0¢ Sentiment: Sell Disclosure: Held
I have been since 32.5c after DIPBUYING the first crash, in at 31c and scalped out at 32c for a quick $100 profit. Since then I have been shorting. Yes I said it, to much displeasure of the ASX Investors here. I STILL HOLD just under 10,000 shares will DEFINITELY look for adding and re-entering on any FAILED spike
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