IMO insto buying is a bullish sign. It is usually a sign of accumulation. Insto's don't place $M buy orders they split them and buy them using an autobot system.
If the insto slowly sells then this is bearish.
Sometimes after a period of time when you've seen constant buying or selling of small parcels a notice of "substantial holding" or "change in substantial holding" gets registered.
Let's see what happens.
cheers
Ange
on the move!, page-25
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Last
$1.66 |
Change
0.010(0.61%) |
Mkt cap ! $806.1M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.67 | $1.65 | $54.01K | 32.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3074 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 6188 | 24 |
View Market Depth
| Last trade - 13.21pm 07/11/2024 (20 minute delay) ? |
| NGI (ASX) Chart |