In my view Bots react to technicals (and their algos) - technicals react to share prices - share prices react to newsflow - good or bad. Share prices don't react to technicals. So currently lack of news and the overshoot retraced. Isn't it human nature to have herd mentality - so a lot sell out?? Bots don't care.
Agree or disagree that's your choice but does sound like you're here for short term and that becomes more risky. I don't really care if it goes down, I'm here for the long play so Bots, shorters or whatever don't really worry me. Can it go down the path of AJM - I would say currently no but there is never certainty - some companies do falter.
But forgetting Bots, daily SP prices fluctuate, that is no bollocks and is a fact of share trading.
General Discussion Topics, page-1849
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Last
4.5¢ |
Change
0.004(9.76%) |
Mkt cap ! $463.1M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.5¢ | 4.2¢ | $1.768M | 39.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 7013461 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1144013 | 6 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
0.004 ( 3.37 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.3¢ | 4.2¢ | 11759393 | ||
| Last updated 16.04pm 31/05/2024 ? | |||||
| SYA (ASX) Chart |