The small parcels sells are an attempt to trigger stop-losses for big buyer absorption or to make the ticker on someones watchlist to look like its selling off.
My terms for this is either a cluster stop-loss bomb (over abundant amount of stop losses are sitting 2-4pips below current price. Causing a violent downtrend.
Or a cascading stop-loss ladder: as the price climbs, stop losses are built up pip by pip. And all it takes is bots selling tiny 2 share parcels over and over to trigger the ladder.
- Forums
- ASX - By Stock
- 88E
- Shorting on 88E
Shorting on 88E, page-46
-
- There are more pages in this discussion • 43 more messages 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 88E (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $445.6K | 222.7M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 8469596 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 588676284 | 230 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 8469596 | 0.002 |
209 | 906613197 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 568676284 | 229 |
0.004 | 289545299 | 114 |
0.005 | 76580421 | 55 |
0.006 | 32494656 | 34 |
0.007 | 18363917 | 20 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |