No need for alarm, this is all part of the huge volume/money that has been in play over the last few days, all they are doing is taking a bit of profit from the less experienced traders etc that got caught up in the flurry. imo ELD's SP will settle down, possibly in a few days time and what we should be looking for then if not a holder at the moment is look for a low risk entry - indicated by a narrow low volume down day - which means that the big money has stopped and there are no more sellers around.
For the last week before this sudden surge in price a lot of holders were selling and the big money was doing all the buying - indicated by the high volume over that week and most of the days were finishing high for the day. Normally a low risk entry after that selling would be a low volume day - but it just took off - not allowing any entry at all. So therefore imo if you are considering a buy just wait for this selling and profit taking to cease. lol all holders
- Forums
- ASX - By Stock
- ELD
- whats going on?
whats going on?, page-7
-
- There are more pages in this discussion • 22 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 ELD (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.67 |
Change
0.070(0.81%) |
Mkt cap ! $1.370B |
Open | High | Low | Value | Volume |
$8.65 | $8.79 | $8.63 | $3.833M | 440.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2154 | $8.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.71 | 519 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2154 | 8.670 |
1 | 1635 | 8.660 |
1 | 1635 | 8.650 |
1 | 1635 | 8.640 |
3 | 4650 | 8.630 |
Price($) | Vol. | No. |
---|---|---|
8.710 | 519 | 1 |
8.720 | 6180 | 3 |
8.730 | 2180 | 1 |
8.740 | 2180 | 1 |
8.770 | 3408 | 1 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
Featured News
ELD (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online