Yes sellers are drying up but that doesn't mean buyers will come in.
The only way this makes new highs is if institutions support it with buying.
I see no sign of this buying. Sure price may make technical bounces but that would be akin to a leaf floating about in the wind.
So the big question is, why aren't institutions buying Z1P? Is it because of the rotation out of tech. Hmmmm...
Chart - Z1P, page-6995
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Last
$1.60 |
Change
-0.100(5.90%) |
Mkt cap ! $1.791B |
Open | High | Low | Value | Volume |
$1.72 | $1.72 | $1.59 | $31.79M | 19.53M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 125123 | $1.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.60 | 146975 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 97641 | 1.590 |
28 | 193276 | 1.585 |
39 | 245868 | 1.580 |
20 | 201264 | 1.575 |
20 | 397623 | 1.570 |
Price($) | Vol. | No. |
---|---|---|
1.595 | 8562 | 10 |
1.600 | 144584 | 26 |
1.605 | 119552 | 23 |
1.610 | 163518 | 19 |
1.615 | 191822 | 15 |
Last trade - 14.26pm 15/07/2024 (20 minute delay) ? |
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