Fortunately the ones orchestrating those P&D's are long gone. And the stock seems to be reacting to actual fundamental shifts in the company.
I have a different view around potential traders being trapped in the P&D's... I don't think there will be many.
If people bought at the peak of the pumps ($0.15 - $0.20) very few would sit there and watch the stock go back to $0.08 without selling and moving on. If they didn't sell, they are brave.
Similar scenario with the second P&D. I can't see any trader / investor siting there from Feb - July on enormous losses when a P&D clearly happened a few months prior. Unless very inexperienced.
This is the longest the stock has ever traded in the $0.12 - $0.14 (previous sell zone) range. Accompanied by the highest volume in the stocks history in this range.
To me it looks like the sellers are getting thin. If it cracks above $0.14 on volume then i think some may be surprised at the little resistance PEH has to high prices.
IMO of course.
- Forums
- ASX - By Stock
- EVS
- Another strong day at the office...
Another strong day at the office..., page-18
-
- There are more pages in this discussion • 9 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 EVS (ASX) to my watchlist
|
|||||
Last
4.2¢ |
Change
0.003(7.69%) |
Mkt cap ! $53.26M |
Open | High | Low | Value | Volume |
3.9¢ | 4.2¢ | 3.9¢ | $4.488K | 109.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 975000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 486210 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 975000 | 0.040 |
2 | 238153 | 0.039 |
1 | 999972 | 0.038 |
1 | 16503 | 0.035 |
1 | 3030 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 486210 | 2 |
0.043 | 200000 | 1 |
0.045 | 100000 | 1 |
0.046 | 78614 | 1 |
0.047 | 315807 | 3 |
Last trade - 15.44pm 09/08/2024 (20 minute delay) ? |
Featured News
EVS (ASX) Chart |