If the options are being well traded & are at a premium to the fpo's, it often indicates a run is imminent. Basically its because the bulls anticipating the surge go for the options as better leverage, trading it higher, at a premium to the heads. Equals a "buy" signal.
The converse is true. When a stock is overbought & is about to retrace, investors/traders flee the options first, trading them at a DISCOUNT to the heads. Then its often time to take profits on your heads too, before the general investor realises it!
GGG looking very good, depth is good, and todays candle with the rejection bar is set up nicely for a continuation of the run.
I have a small parcel of GGG
- Forums
- ASX - By Stock
- ETM
- hot copper alert
hot copper alert, page-9
-
- There are more pages in this discussion • 17 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 ETM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $21.15K | 919.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6364 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6364 | 0.022 |
1 | 17585 | 0.021 |
4 | 2125477 | 0.020 |
4 | 1520000 | 0.019 |
1 | 55610 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 500000 | 1 |
0.025 | 1507866 | 4 |
0.026 | 1636746 | 2 |
0.027 | 886964 | 3 |
0.028 | 2708 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
ETM (ASX) Chart |