I've been offline for a bit and now can pay attention again...
I've got a fair bit to catch up, so many posts.
So what happened - we had a massive pullback?
I believe we'll skip the lunchtime lull and move on from here.
- So the traders have exit, and maybe comeback with a new position
- The weak hand have sold - and hopefully happy with their profits
- The sharts are leaving the building - I wouldn't be surprised if at least 1% of short positions have been closed today, so shortman should show MSB have around 6% of aggregated short positions in T+4
The above have led to an SP pullback.
But, where to from here?
Who wants the SP lower?
- Sharts - so that they can exit
- Buyers - everyone wants a cheaper buying price
But, we'll run out of sellers at the current SP levels and buyers will have to step up.
So, I'll be looking for a break of $4.50 range and then we'll be away!
This is based purely on my observations/ intuition - a call out to the technical guys to give a better guidance.
Well - let's get on with the SP rise again.
C'mon 6% increase is nowhere near good enough today
Enjoy the ride MSB'ers and HODL
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Last
93.5¢ |
Change
-0.035(3.61%) |
Mkt cap ! $1.073B |
Open | High | Low | Value | Volume |
95.0¢ | 95.0¢ | 93.0¢ | $1.854M | 1.972M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 322419 | 93.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.5¢ | 94568 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 311148 | 0.930 |
17 | 227098 | 0.925 |
19 | 240888 | 0.920 |
11 | 662282 | 0.915 |
14 | 210200 | 0.910 |
Price($) | Vol. | No. |
---|---|---|
0.935 | 116500 | 16 |
0.940 | 115919 | 14 |
0.945 | 92617 | 12 |
0.950 | 88115 | 10 |
0.955 | 95584 | 5 |
Last trade - 10.59am 05/08/2024 (20 minute delay) ? |
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MSB (ASX) Chart |