ADN 12.5% 0.7¢ andromeda metals limited

General comments/chat, page-34126

  1. 1,513 Posts.
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    dunno, but it feels a lot like this today:

    Capitulation typically follows significant downturns in price, which can take place even as many investors remain bullish. As the downturn accelerates, it reaches a point where the selling by the investors unwilling to suffer further losses snowballs, leading to a dramatic plunge in price.

    The heavy trading volume accompanying the decline shakes out "weak hands"—the investors lacking conviction—and replaces them with more risk-tolerant holders who may not have suffered prior losses and were willing to buy at the end of a protracted decline capped with a dramatic drop.Traders look for unusually high trading volume accompanying sharp declines in price to signal capitulation. They try to anticipate the surest sign of a capitulation: the rebound in price that follows once the panic selling has run its course.



 
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0.7¢
Change
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Mkt cap ! $24.00M
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0.7¢ 0.7¢ 0.6¢ $191.3K 27.36M

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No. Vol. Price($)
63 16312290 0.6¢
 

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Price($) Vol. No.
0.7¢ 11037979 13
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Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
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