Yeah - it looked too good to be true. This attracted too many profit takers. So, we have to calm down and settle on a more sedate growth rate. It fell so quickly and so far, I think it triggered some trailing stops, and suddenly automated sells came into effect.
(Looking back over the pattern of sales seemed to be much faster than normal, which is my only evidence.)
Now that it has stabilized, people are actually looking at it again and seeing it was a kneejerk reaction and started accumulating again.
It looked pretty bad there for a moment - but now carbon based decision makers are back in, we are back on the climb. Less stress
Or am I completely off, and this stock is headed back to sub$2 tomorrow.?
$2+ today, page-78
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
61.5¢ |
Change
0.005(0.82%) |
Mkt cap ! $147.5M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 62.0¢ | 61.0¢ | $338.5K | 554.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45604 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 27016 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| SXL (ASX) Chart |