Any analysis of a chart trend has to take into consideration the ridiculous bot trading going on at present..
So far today there has been 216 trades on the ASX, and only 52 were genuine parcels. These little $15.48 buys of 72 shares are effectively keeping the price down to 215. So if effectively only 25% of trades are genuine, you could say supply is drying up whilst someone is hoovering up all the drips and drabs they can at 215. Anyone selling under these conditions is a fool. As soon as the first shipment payment details are out, it is a fair bet the SP will move north same as PLS.
AJM Chart, page-4447
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 (20min delay)
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
| Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |
Day chart unavailable