Happened to be looking at an unrelated stock CAU - a cannabis co which just IPO'd on ASX.
I thought the last 2 weeks of plunging SP movement looked familiar, so I overlayed it with DRO chart.
CAU - black
DRO - blue
So I think what we see... is a triggering of automated pattern trading.
A bit suspect.., page-25
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 (20min delay)
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Last
$1.32 |
Change
-0.055(4.00%) |
Mkt cap ! $1.151B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.32 | $12.42M | 9.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94692 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 12000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |