Seemed rather textbook in hindsight. Gap up in morning for overly keen buyers. Then trading at 26.5-28c, sell side was heavy giving the impression of selling pressure, whilst accumulation was occurring in this range. Even I was getting ready to sell due to nerves. Once a big order at 27c went through, she started to run and the sell orders were pulled. Damn day traders!!! Takes balls of steel to hold on to this one imo. BIT has gapped up every morning I have noticed so I would expect a gap up tomorrow as well (some may think that it's still a 40% discount as compared to its high). Each day lows become higher. As previously mentioned, VWAP today was around 29c. I'm guessing if there is a pullback we may get to that price and that provides an opportunity but who really knows (day traders :/). There is still massive interest in this leading up to the conference and will not wade anytime soon.
- Forums
- ASX - By Stock
- BIT
- Huge buying into the close
Huge buying into the close, page-12
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
0.003(8.11%) |
Mkt cap ! $36.09M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $7.452K | 187.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 223754 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 236290 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 352 | 0.039 |
2 | 223754 | 0.038 |
4 | 632000 | 0.037 |
4 | 373512 | 0.036 |
6 | 753214 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 25000 | 1 |
0.040 | 68223 | 1 |
0.041 | 230121 | 4 |
0.042 | 117600 | 1 |
0.043 | 432000 | 2 |
Last trade - 15.32pm 04/07/2024 (20 minute delay) ? |
Featured News
BIT (ASX) Chart |