Looks like a key battle here.
Shorts have been high for so long, with little response to the rising sp.
Spike in PON on Friday is met with strong selling.
All of this has me thinking that someone is manipulating this to cover their shorts and leave the battlefield.
Could be the start of a short covering rally IMHO.
Subsequently , I bought more today.
FT
Resistance at $5.23, page-15
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Last
$5.58 |
Change
-0.280(4.78%) |
Mkt cap ! $4.225B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.78 | $5.43 | $61.34M | 10.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 226098 | $5.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.58 | 139129 | 7 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |