I hope people can now clearly see the difference between a selling and buying bot.
It is a very useful pointer.
When you see bots buying 50 shares that is a buying bot.
It is designed to hold the price at the low bid and tempt buyers into the higher sell price.
It accumulates almost nothing in sells but will pounce when enough buyers are there.
It also is usually less frequent
Share price will often go eventually up when a buying bot is active
When you see drip feeds of 500 to 1000 shares every minute or so that is the selling bot.
They can offload around 200K of shares per hour without registering panic.
Shares will usually eventually drop when a selling bot is active.
At a certain level they will stop and wait for a spike up before recommencing
Bots are no issue if you understand what they are doing.
Buying bot was active this morning and you see the result.
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Last
$2.92 |
Change
0.015(0.52%) |
Mkt cap ! $8.671B |
Open | High | Low | Value | Volume |
$2.87 | $2.93 | $2.84 | $29.37M | 10.21M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 135573 | $2.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.92 | 397903 | 77 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 144001 | 2.910 |
43 | 331599 | 2.900 |
20 | 296677 | 2.890 |
22 | 214439 | 2.880 |
20 | 341375 | 2.870 |
Price($) | Vol. | No. |
---|---|---|
2.920 | 392660 | 74 |
2.930 | 441031 | 30 |
2.940 | 356189 | 17 |
2.950 | 181080 | 29 |
2.960 | 49100 | 5 |
Last trade - 12.40pm 19/08/2024 (20 minute delay) ? |
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PLS (ASX) Chart |