"Think it may test the major support but sellers will be exhausted at the end of it. So good buying opportunity today"
If you think it may test major support, then perhaps be patient and buy at value (support)? This seems like a confused statement. Not saying 93c is a bad price...but can maybe do better. Some of us have been waiting for this level for months. (Of course it may not test support - see below - in which case, you miss the boat - that's trading). BTW...how you you know that today is blowout day? Do you know where price is going next? Every time I hear that I run for the hills.
..Many have been catching falling knives for days now ("bargain time"), now with bloody hands.
It's very clear what is the sensitive price level (Strong Support) - see image
PLS - WEEKLY (the "pros" look at weekly, nor the day to day noise). This is a pullback to die for, a credible level, if it tests and holds 88 (vs. 1.00, 1.10 etc...). That's one ugly red bar. It engulfs the prior 6-7 weeks. 93c c (real-time) as I write. Session lo 91.5..not so far from the level depicted in crimson (3 times, below)...the green line.
There's other tools to identify support (Order Blocks) but this will do. Whatever is credible.
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Last
$3.05 |
Change
-0.100(3.17%) |
Mkt cap ! $9.185B |
Open | High | Low | Value | Volume |
$3.13 | $3.15 | $3.02 | $74.55M | 24.33M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 89482 | $3.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.05 | 37502 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 31294 | 3.030 |
12 | 119629 | 3.020 |
6 | 50011 | 3.010 |
54 | 211167 | 3.000 |
11 | 153088 | 2.990 |
Price($) | Vol. | No. |
---|---|---|
3.050 | 11000 | 1 |
3.060 | 10330 | 1 |
3.070 | 36169 | 4 |
3.080 | 41571 | 4 |
3.090 | 30000 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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