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1.1¢ alexium international group limited

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canonman

11,353 Posts.

778

24/08/17

16:26

Post #: 26734167
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Originally posted by ARMCH ↑

Anyone who takes the time can watch a master class in accumulation. The buyer/s who have/has been hoovering up shares right through this downleg must be pinching themselves and hoping nobody notices. Forget about small parcel algorithmic accumulation for the moment but concentrate on the larger parcels. Repetitively a medium size string of parcels is bought from off screen in a single pass and at the end of each string either within the same timestamp or within a second the SP is flipped back to the bid price with a piddling parcel sell.

So the buyer picks up a decent but not extravagant parcel, socks the SP back to the bid price in a blink and keeps stepping on sentiment so that more holders line up to hand over their stocks. Add in a few random small parcels sells and it just keeps rolling on. Occasionally there are a few dumps from folding holders which help to kick the bearish momentum along and occasionally they let the throttle back off to bring in some more supply.

I am fully in and find it frustrating that I can't join the picnic at these prices.

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Wow, I just posted exactly same sentiments in the TA thread. Bring that chart over too ARMCH.

AJX Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.1¢		Change 0.001(5.00%)		Mkt cap ! $16.40M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$949	92.52K

Buyers (Bids)

No.	Vol.	Price($)
4	3818784	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	153350	3

View Market Depth

No.	Vol.	Price($)
4	3818784	0.010
4	616765	0.009
2	182600	0.008
1	200000	0.007
2	378000	0.006

Price($)	Vol.	No.
0.011	153350	3
0.012	45455	1
0.013	758914	2
0.014	564269	2
0.015	1200	1

Last trade - 14.38pm 29/07/2024 (20 minute delay)

AJX (ASX) Chart