So changing the subject a little can I please ask someone with more knowledge of the markets that myself to try and explain what happened today or more importantly why it happened.
In summary
-VLA opened at $1.12 and in the first hour rose to $1.35.
- In that hour there were approximately 500,000 buy orders and at one stage as little as 11,000 sell orders.
-Then shortly after 11am the sell orders jumped to over 300,000 and as a result the SP settled back down to approximately $1.23.
-By close of business we were sitting on $1.26 with a good number of buy and sell orders.
Can anyone tell me what happened for there to be almost no sell orders at 10.50am and then a heap at 11.05am?
I would be interested in knowing for my own future reference.
Thank you in advance to anyone who would care to comment and enlighten me.
Martin.
- Forums
- ASX - By Stock
- VLA
- vla
vla, page-57
-
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)