For several weeks now there has been a consistent buy/sell pattern which is now starting to raise my eyebrows just a little.
Before anyone jumps in and says what nonsense - have a think about the following
Typically the strength of the buy and sell sides changes little. The volume on each side remains pretty constant. Today is a good example. Approx 15 mil shares traded and the buy/sell levels remain constant. i.e. the same as at the start of the day.
If day traders are really playing with the stock I tend to think the buy/sell sides would fluctuate somewhat more (happy to be corrected on this)
There are demand/buy patterns which fluctuate very quickly in response to supply/sell strength (nothing unusual in this but I sense a little more cute than usual)
There has been in my view a consistent pattern of small trade parcels followed by a single large parcel but rarely a large parcel followed by another large parcel
Could there be a loose group accumulation going on i.e. not contravene ASX rules
Could some legitimate manipulation of SP be occuring?
Random thoughts which I will probably get shot down over but thrown out there for thought.
Cheers
Buster
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Last
43.5¢ |
Change
0.015(3.57%) |
Mkt cap ! $619.6M |
Open | High | Low | Value | Volume |
41.5¢ | 44.0¢ | 41.5¢ | $1.416M | 3.301M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 38735 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 41215 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32856 | 0.425 |
2 | 36804 | 0.420 |
1 | 24000 | 0.415 |
3 | 199312 | 0.410 |
3 | 127700 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 41215 | 1 |
0.440 | 190452 | 9 |
0.445 | 46340 | 4 |
0.450 | 181569 | 13 |
0.455 | 747 | 1 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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