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14:55
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Originally posted by sharks37
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Hi Autoup to 10M of latent supply, i.e. I don't expect all of it to become supply because some of that volume falls into category to - the problem of course is I can't know what the split will be. As a general rule of thumb (i.e. this is not precise) my observations (and probably logic) says that the longer the time that volume has been "trapped" at lower prices, and/or the lower the price has travelled before returning to that entry price, the higher the proportion of that volume will "feel trapped" by a wrong investment decision and want to exit at breakeven.
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Makes a lot of sense from a psychological perspective - the longer it is since it was hit, the more likely many at that level will want to exit. I would add the lower it went below that level they're % of investors who feel trapped.
(20min delay)
