Hard, directed price suppression has occurred when price exceeded $16.
They have been stepping price down ~$1.30, seeking pre-spike2 levels of ~$8. This level also happens to nicely fit with the pre-interrupted squeeze that price swung lazily around for 1.5months before it began squeezing.
This is their comfort level. It's why they did nothing for the 1st 1/2 of December. That blatant suppression on 12/17, that was them getting nervous. And, it worked ... for a while. XD
Price will continue to be stepped-down until at least $8.30 is reached and probably until $7 just for good measure.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.