HYD 8.33% 1.3¢ hydrix limited

30c Cometh, page-6

  1. 357 Posts.
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    I suspect at least 30-50% of the volume yesterday was related to the recommendation in a popular newsletter. The buy-up to price was 12.5c. Due to yesterday's PA rarely moving below 13c, you will find a lot of support sitting around the 12-12.5c level.

    I have seen this type of market behaviour many times before. It may get to 16c on Monday, but I suspect it will retrace back to the 12-12.5c if not briefly before moving forward again.

    Personally, IMO I would like to see this stock settle down and build some consolidation around these levels before moving higher (unless you are purely interested in trading not investing). It's not necessarily a healthy thing for a stock to move up too soon, too quickly - I'm sure TON holders can recently agree on that one.
 
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Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $3.304M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $999 76.80K

Buyers (Bids)

No. Vol. Price($)
3 2003357 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 93674 1
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Last trade - 12.54pm 04/10/2024 (20 minute delay) ?
HYD (ASX) Chart
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