Thats some pretty wild swings for only 270,000 traded volume today.
The term Distribution, means when fund move the price with low volume then apply volume once it gets to their required trade level.
IMO with such wild swings on no news, 20% swings this week.
Means any price level is possible in the next month.
Anwhere from $1- to $4 is possible over the next month. Could run up, could run down 50/50.
My guess is the $2.00 level will be tested next week and $1.80 level is most likely going to be the support level. Like how the $1.15 peak became support on previous wave.
The Bots have a hold of this with small size trades.
TTT chart thread, page-524
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 (20min delay)
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Last
18.5¢ |
Change
0.010(5.71%) |
Mkt cap ! $245.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 16.5¢ | $145.4K | 823.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 209703 | 7 |
View Market Depth
| Last trade - 16.10pm 30/12/2024 (20 minute delay) ? |
| TTT (ASX) Chart |
