Yesterday (Monday) shorts were 33% of total trades for the day. Today the price showed some recovery.
Are the shorts running out of room to push the price lower or are they hanging around for another attack.
If they have gone as low as the market will tolerate I suppose they will slowly cover, then buy more stock and pump the price through the ceiling.
Any thoughts, Best to all
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Last
$5.65 |
Change
-0.060(1.05%) |
Mkt cap ! $4.084B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.72 | $5.62 | $8.206M | 1.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59 | $5.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.67 | 3039 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |