These are games to trick retail holders into selling at those lower levels. If they continue buying ‘non stop’ the price will very quickly rise and lower prices will be a thing of the past. The insto(s) will prefer to buy at lower prices, with constant volume available at lower levels to accumulate at. This comes from retail who are unsure if a big drop will come and think it’s a good time to sell up.
This ´manipulation’ generally takes place and you will see on most charts - there are spikes as well as dips when a stock re-rates. The fact that we are generally going up without dips the past couple of weeks says to me that there are multiple instos buying in now imo. This is what took place with all the lithium stocks in the past few years as multiple larger players accumulated preventing any downward momentum. However it is understandable now for AUC - they all want in at cheap levels prior to this resource upgrade which is set to be around 2.5moz imo.
US inflation data due for release today. The incompetent Biden regime already said to expect something bad, let’s see how bad it will be! Anything over expectations and the price of gold should get a decent boost into $2000usd helping our momentum.
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $102.1M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $84.91K | 2.207M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1842794 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 712820 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1842794 | 0.037 |
6 | 1526111 | 0.036 |
7 | 933571 | 0.035 |
2 | 527941 | 0.034 |
10 | 1246303 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 712820 | 2 |
0.039 | 917665 | 7 |
0.040 | 100000 | 1 |
0.041 | 807085 | 2 |
0.042 | 399961 | 2 |
Last trade - 15.35pm 23/07/2024 (20 minute delay) ? |
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