Two wrongs don't make a right
See my post last week on increasing evidence of margin trading and buyer exhaustion.
i mentioned Crypto would suffer badly and it appears a massive volume of crypto positions are being liquidated but the same traders may also be long of high Beta stocks like BNPL and could well have those positions liquidated to cover margin calls
Chart - Z1P, page-8516
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Last
$2.75 |
Change
0.000(0.00%) |
Mkt cap ! $3.590B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.75 | $2.69 | $17.99M | 6.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 83683 | 13 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |