OK so - is it selling or buying - the person that is picking up the shares that are being sold is offering 1.25 - so they are picking up what is being sold in front of the big bid sitting at 1.2= make sense ?
If they went in and linewiped they might attract attention and create volume which the scans and then the traders would notice pretty fast...
Could be selling in small parcels - but that does not make sense here ..The thing I am struggling to explain is the 20k parcels - any way it is being done in a way that is trying not to attract attention.
The chart is now right at the point where it is has broken the downtrendline and is retesting that- the volume is lowering so that would indicate there are less and less sellers here. RSI flat and holding even - macd tight - Probs best to look at the chart - of course there is a change in the behaviour in the depth - it was only 3.8 mill traded today - so that is not a big amount - either way -
Quiet often in the past the tactic would be to dump into the bid - if they are selling to themselves then they also pick up any nervous volume in that - however that is not really working that well currently - Musings -
- Forums
- ASX - By Stock
- Ann: Minyari Project - Commencement of CY2024 Growth Drilling
OK so - is it selling or buying - the person that is picking up...
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZY (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.002(15.4%) |
Mkt cap ! $62.09M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.3¢ | $174.9K | 12.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3738579 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 4173589 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3738579 | 0.014 |
11 | 3952961 | 0.013 |
26 | 8767751 | 0.012 |
30 | 12663497 | 0.011 |
27 | 7453150 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 4173589 | 13 |
0.016 | 4524918 | 12 |
0.017 | 3593350 | 4 |
0.018 | 1630770 | 11 |
0.019 | 1635038 | 8 |
Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
|
|||||
Last
1.5¢ |
  |
Change
0.002 ( 11.1 %) |
|||
Open | High | Low | Volume | ||
1.4¢ | 1.5¢ | 1.4¢ | 5405074 | ||
Last updated 15.59pm 27/05/2024 ? |
Featured News
AZY (ASX) Chart |