Hi,
I don't own PVE stocks but Fridays PVE trading got my curiosity.
I am not sure how, but could there somehow be a correlation between the fact that (going by the Commsec daily trades) there were 2 separate overseas crossing (XTOS) trades of 944,673 trades / $1,100,544.05 each pre market opening at 08.57.30am Sydney time?
Another consideration: is it possible that once the first low trades started it simply started firing stop losses / limit orders, which in turn simply continued to trigger the next stop losses down the line one after the other in sequence?
OBJ did something similar a couple of weeks back - dropped from 4.1c to 3.5c (firing 6 stop loss threshholds) then back up to 4.1c in the space of less than 1 minute. Pretty sure it wasn't panic selling,just stop losses being hit.
Sorry, I am new to the market and I can't fathom the logistics to Fridays PVE trading.
- Forums
- ASX - By Stock
- PVE
- $2.2ml pre opening os trade, trig stop losses?
$2.2ml pre opening os trade, trig stop losses?
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PVE (ASX) to my watchlist
|
|||||
Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $39.40M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $4.529K | 141.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 23125 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 39105 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 23125 | 0.032 |
2 | 115000 | 0.031 |
1 | 150000 | 0.030 |
1 | 400000 | 0.027 |
1 | 30000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 39105 | 1 |
0.035 | 240791 | 1 |
0.044 | 34651 | 1 |
0.045 | 115349 | 1 |
0.050 | 30716 | 2 |
Last trade - 11.29am 06/09/2024 (20 minute delay) ? |
Featured News
PVE (ASX) Chart |