@Exised, I'd be interested in your TA perspectives here, if you have time. It looks like a classic Volatility Contraction Pattern(VCP). Strong initial demand on high volume, followed by significant drop in supply and higher lows and drop in volatility. Now sitting on 9 SMA, another classic characteristic.
https://www.scribd.com/document/553233128/VCP
MP1: Short Squeeze, page-40
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 (20min delay)
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Last
$8.25 |
Change
-0.295(3.45%) |
Mkt cap ! $1.317B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.56 | $8.21 | $5.276M | 634.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 2245 | $8.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.25 | 3874 | 29 |
View Market Depth
| Last trade - 14.49pm 02/09/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |