TBH, I suspect we’ve got a bit of pain still to come. They won’t have shaken out the 30% or 50% stop-losses yet. They’ll try to, I bet, so it all comes down to whether they can - the sharp rise on end of Friday helps them there, but they haven’t got there yet, so I reckon they’ll give it a go if they can. They’ll also be looking at people who can’t stand the pressure and manually press sell - you get more of those if you can keep up the pressure for longer. Also helps in that case to shake the price up and down a bit - try to get people to sell after a smallish bounce back.
it’s only been a couple of days so far - but in the end, it’s going to go up.
CHN chart, page-44
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Last
$1.07 |
Change
0.005(0.47%) |
Mkt cap ! $416.1M |
Open | High | Low | Value | Volume |
$1.08 | $1.09 | $1.05 | $1.747M | 1.639M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 46301 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.065 |
1 | 10000 | 1.060 |
4 | 119677 | 1.055 |
4 | 34146 | 1.050 |
5 | 48629 | 1.045 |
Price($) | Vol. | No. |
---|---|---|
1.070 | 46301 | 1 |
1.075 | 10629 | 1 |
1.080 | 28620 | 4 |
1.085 | 10629 | 1 |
1.090 | 13145 | 2 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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CHN (ASX) Chart |