Stock Manipulation in Ashapura Minechem or just a coincidence?
The chart of Ashapura Minechem Ltd. indicates potential stock manipulation, as large players accumulated shares at low prices before a strong rally and multiyear breakout. The rally, followed by intermittent profit booking, likely attracted retailers, creating a possible exit point for big players ahead of negative legal news about the company. The sharp movements, high volumes, and timing of events suggest a possible pump-and-dump scheme, though it could also be coincidental market behavior driven by speculation.
What do you think of it, let me know in comment section, Co-incidence or planned?
What do you think of it, let me know in comment section, Co-incidence or planned?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.