EGR 8.00% 11.5¢ ecograf limited

KNL Chart. HIgh volume tells the story

  1. 733 Posts.
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    Here is a tip, for those that are interested. High and ultra high volume up bars actually show weakness really well.  how they do this is they show it in the subsequent price action. If you have an ultra high volume up bar that is all buying the price will never fall below it.
    if however you have ultra high volume up bars that the price falls below the low of that bar and then the subsequent high volume bar and the price keeps falling. Its telling you that those bars contained hidden selling. Check it on other stocks you hold.
    KNL holders, your chart is looking very grim.
    Sometimes it takes a while to play out, other times it shows its hand early.
    Screen Shot 2016-09-23 at 9.24.08 PM.png
    Last edited by globalstockguru: 23/09/16
 
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Last
11.5¢
Change
-0.010(8.00%)
Mkt cap ! $52.21M
Open High Low Value Volume
12.0¢ 12.0¢ 11.5¢ $46.28K 402.3K

Buyers (Bids)

No. Vol. Price($)
15 444600 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 9666 2
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Last trade - 15.43pm 22/07/2024 (20 minute delay) ?
EGR (ASX) Chart
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