Yes, but in the past days market depth was no indication at all where the SP will go.
At one stage there were 190K+ on left side@ 0.565 and over million @0.57 on right
Within 1 minute this million was gone. That is a good sign IMO.
Huge accumulation without showing intention.
What at same stages we could call "a brick wall" can disappear before we blink.
Let's copy Thursday in today's trade.
Trading, page-125
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |