"Huge volume today, demand was strong, but so was selling right?"
There was sufficiently more buyers than sellers to move the stock up 12%. If it ever gets to a point where there are no sellers, the stock will cease to trade and won't move at all
"But importantly these stocks move with catalyst"
Yeah, catalysts change the balance of supply and demand
Have you posted actual analysis or any sort, funnymental or technical since you arrived on these CU6 threads? Why are you even posting on the chart thread since you clearly know nothing about TA and clearly have no interest in it?
CU6 - ASX Charts, page-257
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Last
$6.46 |
Change
0.090(1.41%) |
Mkt cap ! $2.013B | |||
| Open | High | Low | Value | Volume |
| $6.40 | $6.50 | $6.13 | $10.02M | 1.580M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3329 | $6.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.50 | 45351 | 7 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |