The BOT is at it again.
Yesterdays drop from 7.6 to 6.8 and then back up to 7.5 does not seem to be much more than either day trading or accumulation.
IF it is an indication of the Market then the market seems reasonably happy at or above 7.5c
And today seems to be the case also.
Some here really hoping it will go that way [the down rampers] so they can ride on the coat tails of the BOT.
This strategy works at times....but can backfire also.
Running the SP down during the day to pick up stock and flog off later at a higher price only works for "strong stocks"
Picking a weak stock to do this can result in owning it cheaper than the start of day, but crashing or forcing the price down beyond your purchase price! I guess that IF that's what they are doing then SPX is not a weak stock? Better hope it rebounds playing this game!
Yak52
ps. this is not a ramp just an observation before anyone gets upset!
.
- Forums
- ASX - By Stock
- SPX
- Bot
Bot, page-117
-
- There are more pages in this discussion • 1 more message 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 SPX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $50.63M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $12.20K | 1.109M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 711844 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 10570437 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 561844 | 0.011 |
13 | 5965475 | 0.010 |
12 | 4786394 | 0.009 |
7 | 6003248 | 0.008 |
4 | 5432562 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 10570437 | 15 |
0.013 | 8271735 | 10 |
0.014 | 6784520 | 14 |
0.015 | 7363083 | 7 |
0.016 | 7000000 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |