I have noticed today and yesterday that there has not been alot more that 75k of shares for sale at any price at any one time.
Yet by the end of the day about 700k shares have been traded (see yesterday sales).
As soon as the price starts to move higher, some of the 75k shares are sold to drive the price down, only to be replaced by new sell orders but still not showing any more that 75k for sale at any price at any one time of the day.
I have my own thoughts about what is going on here but I would appreciate others opinions on this pattern and/or if you agree or not.
GLTAH and AIMHO and DYOR
SXG Price Action & Sell Side Volume
Add SXG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.85 |
Change
-0.140(4.68%) |
Mkt cap ! $572.5M | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.96 | $2.82 | $331.2K | 114.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 3942 | 6 |
View Market Depth
| Last trade - 10.37am 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.83 |
Change
-0.140 ( 4.71 %) |
||||
| Open | High | Low | Volume | ||
| $2.94 | $2.94 | $2.82 | 14742 | ||
| Last updated 10.55am 22/05/2024 ? | |||||
| SXG (ASX) Chart |