If you are really just starting out, don't read into it too much into it, especially trading games.
It just simple, demand vs supply.
The demand is high, we ran out of sellers at $3.70-$3.80; so where will the SP go?
Apart from that, just step back and look at the bigger picture - where will the SP be in end of June, 3 months, 6 months, 12 months, 3 years?
Simple - IMO much higher than now
MSB Trading - 2020, page-12717
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Last
$1.45 |
Change
-0.030(2.03%) |
Mkt cap ! $1.655B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.51 | $1.43 | $6.613M | 4.498M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2482 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 27045 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |