A lot of retail holders have their stop loss at a whole number like 50c. The shorters know that. They will push the price to below 50c today. I think it's a strategy to push some stop loss trigger buttons.
after triggering the stop losses at 50c, they will then come back and hoover up the sell orders.
Maybe, if they are ruthless, they will continue to rinse and repeat at major stop loss technical intervals.
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $227.6M |
Open | High | Low | Value | Volume |
22.0¢ | 23.3¢ | 21.5¢ | $638.1K | 2.853M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 11500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 0.220 |
4 | 110501 | 0.215 |
8 | 235309 | 0.210 |
13 | 332135 | 0.205 |
28 | 1263689 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 11500 | 2 |
0.230 | 194425 | 12 |
0.235 | 168466 | 6 |
0.240 | 282470 | 7 |
0.245 | 279399 | 7 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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