I really do think so.
35% shortselling of market cap yesterday and SP hardly moved.
[35% is huge btw]
http://www.asx.com.au/data/shortsell.txt <--- check the other companies and compare.
So, look's like in the face of downward pressure we're hanging around $1.695 . Indicators also showing positive upward changes. In addition, we're at a bounce point on SP 500 and ASX 200...so if they do bounce , we'll get the extra volume upward. I know I'm one of the usual cheerleaders...but if not for the cheerleading many here would have sold out in the $1.50's... I do think it's becoming more probable that the next jump is now or in a couple of days, especially if markets are stabilising with oil etc as you said.
Good times ahead :)
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Last
$5.90 |
Change
-0.090(1.50%) |
Mkt cap ! $4.271B |
Open | High | Low | Value | Volume |
$5.96 | $5.97 | $5.86 | $19.03M | 3.213M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | $5.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.91 | 29913 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | 5.870 |
4 | 2150 | 5.850 |
2 | 3675 | 5.840 |
2 | 1460 | 5.820 |
2 | 3535 | 5.800 |
Price($) | Vol. | No. |
---|---|---|
5.910 | 5000 | 1 |
5.920 | 1000 | 1 |
5.990 | 4029 | 1 |
6.000 | 1025 | 3 |
6.050 | 110 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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