when sellers all line up a huge wall at a certain price then its capping.
watch as the wall (most of the 800k shares) probably slowly shifts downwards as they try to sus out what (lack of) interest there is in CVN today.
This share gets traded like a $2 hooker. Why? Because its got an almost constant flow of good news that provides the upward pressure while they use their muscle to provide downward pressure.
how obvious, page-3
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 (20min delay)
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $1.532K | 10.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 461509 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2716033 | 13 |
View Market Depth
| Last trade - 11.18am 07/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |