HYD 8.33% 1.3¢ hydrix limited

support level ?, page-89

  1. 752 Posts.
    In the first 3 lines of the depth screen (only ones that matter) you have 57 buyers for 5 mill units vs 30 sellers for 2 mill units.

    I can see the lack of traders there.

    We've just had two solid days of profit-taking / selling into the buyers that have failed to drop the SP below 11c.

    Good luck with 9.4c but my money is on tomorrow being at least 1.3-1.4. Just as it can't go up forever, the downtrend won't last for long unless buyers dry up and PSY is a buyer's paradise.
 
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