As far as TA indicators go, I find the limit book volume around the current trade price to be one of the most reliable, especially for smaller caps. Of course its never to be taken as an indicator on its own.
Smaller caps are popular with traders so when they buy to make a trade they will like to signal the price upwards by loading the standing order buy side. This encourages other traders to follow with the same, as well as investors to move up their own bids, and I find that the SP often follows soon after. Similar but opposite for selling.
TA discussion, page-4675
-
- There are more pages in this discussion • 1,666 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 AJX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $17.31M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $1.1K | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 899999 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 137511 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 899999 | 0.011 |
2 | 3058333 | 0.010 |
5 | 2072715 | 0.009 |
2 | 1075000 | 0.008 |
2 | 240000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 137511 | 2 |
0.015 | 906200 | 4 |
0.016 | 429958 | 1 |
0.017 | 321118 | 2 |
0.018 | 115942 | 2 |
Last trade - 10.09am 15/10/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online