Hey Spinc, cheers for the VSA. A couple of questions;
"Low volume (gap/mark up ) warns you of a trap up-move (which is indicative of a lack of demand in the market)."
Wouldn't a gap be indicative of a lack of supply, and the high demand causes trades to occur at a higher price than the previous close?
"Excessive volume, however, is never a good sign; this indicates ‘supply’ in the market, which is liable to be swamping the demand." When compared to the late June re-rate where there was 31 million traded one day, and 95 million the following day, the moves on friday and today (so far) don't seem too excessive. What's your thoughts?
Ann: New RC Drilling at KGP expands resource potential, page-30
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.6¢ |
Change
0.002(5.88%) |
Mkt cap ! $99.43M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.5¢ | $200.1K | 5.564M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2595633 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 134916 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| AUC (ASX) Chart |