imo if intending to add to ones holdings or buying GRR, today's action maybe the start of some ST weakness and an opportunity may be close again.
As we can see GRR has and is having a stellar run, a low risk buying opportunity maybe close for the dummies who sold earlier :)) and have been waiting to reenter. Today had huge volume following some huge volume on previous days, this could contain some hidden selling from the big boys, we will be able to tell shortly, they have been very bullish of late and willing to carry on thru previous areas of what appeared to be weak or dangerous areas to enter. As seen on the chart there has been at least two LOW risk entries of late, for the ST this is what we are looking for to enter, a sign that the potential weakness has ceased. lol all LT holders
chart, page-50
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Last
38.5¢ |
Change
-0.010(2.53%) |
Mkt cap ! $445.5M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.8¢ | 38.3¢ | $548.2K | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 1008 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |