2nd of November when Prices were just under
70c, I mentioned that this looks like
it wants to go for a deep sell off as the traps were set gettting retail to chase prices in the 90c ranges only to issue out everything as a borrow on the short side.
I mentioned GAP FILL and an ultimate test of the YELLOW BOX ZONE!
Then there were defaming comments by individuals above who claimed my thesis were absurd, and that I should ONLY stick to Charting, even though supposedly I failed at charting 101....
ANYWAYS fast forward into 2024 I suspect the same people will still THINK the same....
IE they will call this analysis ABSURD, they will say I have failed at technical analysis
Regardless, I took a position so we will see how it goes, some may get a better entry because any time I disclose a long or a short position, due to the nature of my diligent thesis I think it gets taken advantage of. Nonetheless some may get some at 41.5c, a cent cheaper than my entry
ShortSell Data shows that positions HAVE increased... Interestingly, prices have also somewhat tried putting in a dip or a bottom so if people are shorting this at 40c , 41c, 42c, and 43c they may engineer a short squeeze move kinda like
SGR Data...Refer to charting threads and how my thesis to short has been wrong, as they are squeezing and looking to margin call folks. SYR may try the same so I AM NOT friggen shorting this at all!!
SENTIMENT: BUY
POSITION: HELD
DYOR though coz my ramblings are just absurd!
LOL
P.S IYKYK
NEWS is coming very soon now, shamefully they won't drop it tomorrow on a Friday to spike it more but we shall see what Management have in store
(20min delay)