CND 0.00% 3.1¢ condor energy limited

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  1. 688 Posts.
    thx Scottie

    Realistic trading range has been 0.3-0.8

    buy depth @0.3 350 mill
    sell depth @0.8 125 mill

    Almost 3 to 1 ratio of EFFECTIVE buy sell depth

    In my experience with shares <1c anything >2:1 buy sell depth in the EFFECTIVE trading ranges usually (>90% chance) of moving up soon and when the money pours in it shoots real fast.

    EFFECTIVE = prices traded with enough volume in the past for it to be considered as significant. This usually indicates supoort and resistance points. NOTE: This is my theory only from observing small cap highly liquid shares.
 
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