Hi Aqua
Yes, I agree. Point being, most recoils are largely fed by small holders exiting. Most rallies are fed by small holders entering. In both instances, large longs continue to accumulate (with the exception of one).
I don't begrudge traders. Rather, I support it. It seems that any trading opportunity that presents results in large longs getting larger and longer, all the while reducing the overhang of previous management.
Today was the lowest volume trade since 6 May. Look what happened the following week:
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Last
$1.63 |
Change
0.000(0.00%) |
Mkt cap ! $276.9M |
Open | High | Low | Value | Volume |
$1.64 | $1.64 | $1.62 | $56.91K | 35.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4461 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.66 | 4075 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4461 | 1.625 |
2 | 10500 | 1.605 |
6 | 34249 | 1.600 |
2 | 1477 | 1.550 |
1 | 2612 | 1.515 |
Price($) | Vol. | No. |
---|---|---|
1.660 | 4075 | 1 |
1.670 | 3000 | 1 |
1.680 | 10129 | 3 |
1.700 | 3960 | 3 |
1.720 | 580 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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RAC (ASX) Chart |