Spoof/phantom bids, not legal but happens all the time.
Massive sell orders put a few pips above price to force out any weak hands, then the seller is the one who's buying all the stock.
Just a regular shakeout operation, the key is to try to differentiate when it's selling pressure vs buying pressure.
Vice versa on the bid side ^^
Spoof/phantom bids, not legal but happens all the time. Massive...
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.8¢ |
Change
0.003(1.06%) |
Mkt cap ! $99.13M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.5¢ | $738.9K | 3.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1153402 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 47919 | 5 |
View Market Depth
| Last trade - 14.00pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
24.0¢ |
Change
0.003 ( 2.08 %) |
||||
| Open | High | Low | Volume | ||
| 23.5¢ | 24.5¢ | 23.5¢ | 1062140 | ||
| Last updated 14.19pm 21/05/2024 ? | |||||
| GLN (ASX) Chart |