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Watch some YouTube videos on "market manipulation", it will...

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TimeIsMoney

91 Posts.

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29/11/23

22:54

Post #: 71181180
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Originally posted by Jono70: ↑

like you todays trading has me stumped. When the announcement came I was convinced we'd open in the 90's and push to $1.

not just the movement in price, but the fact that all through the day, and now after the close, there are a lot more sellers than buyers - roughly double give or take - both in number and in volume. this simply doesn't make sense to me, particularly given what appears to have been a very positive announcement.

even if it's "accumulation".... surely that it would be reflected in buying volume well exceeding selling volume.

I'm a relative novice at this gig so happy to be enlightened....

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Watch some YouTube videos on "market manipulation", it will answer a lot of your questions. There are many things these days that affect stock prices, some are obvious and some aren't.

WC8 Price at posting: 77.5¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 37.0¢		Change -0.015(3.90%)		Mkt cap ! $446.4M

Open	High	Low	Value	Volume
38.5¢	38.5¢	36.5¢	$601.7K	1.599M

Buyers (Bids)

No.	Vol.	Price($)
14	220933	36.5¢

Sellers (Offers)

Price($)	Vol.	No.
37.0¢	112138	10

View Market Depth

No.	Vol.	Price($)
18	234274	0.365
14	131600	0.360
11	164552	0.355
10	145586	0.350
4	72034	0.345

Price($)	Vol.	No.
0.370	113432	10
0.375	58588	12
0.380	40363	6
0.385	123577	8
0.390	30962	6

Last trade - 10.45am 06/06/2024 (20 minute delay)


Last 37.0¢			Change -0.015 ( 4.39 %)
Open	High		Low	Volume
38.0¢	38.3¢		36.8¢	543523
Last updated 11.04am 06/06/2024 ?

WC8 (ASX) Chart

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