WMG 0.00% 24.5¢ western mines group ltd

Charting WMG, page-94

  1. 20,611 Posts.
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    Who knows mate. WA1 has a tighter registry than us. Traders trade for pips and most lose. Maybe a chartist can comment but hard to decifer anything when the market gets whipped by 115pts. I'm just as frustrated but we held up ok. When a stock has low SOI, we get wild swings. I saw when the big seller placed his order today, traders panicked and sold it down from 81c to 78c in a flash. Same when market depth looks ugly, traders exit at any price thinking the price will tumble.
 
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