For several weeks now there has been a consistent buy/sell pattern which is now starting to raise my eyebrows just a little.
Before anyone jumps in and says what nonsense - have a think about the following
Typically the strength of the buy and sell sides changes little. The volume on each side remains pretty constant. Today is a good example. Approx 15 mil shares traded and the buy/sell levels remain constant. i.e. the same as at the start of the day.
If day traders are really playing with the stock I tend to think the buy/sell sides would fluctuate somewhat more (happy to be corrected on this)
There are demand/buy patterns which fluctuate very quickly in response to supply/sell strength (nothing unusual in this but I sense a little more cute than usual)
There has been in my view a consistent pattern of small trade parcels followed by a single large parcel but rarely a large parcel followed by another large parcel
Could there be a loose group accumulation going on i.e. not contravene ASX rules
Could some legitimate manipulation of SP be occuring?
Random thoughts which I will probably get shot down over but thrown out there for thought.
Cheers
Buster
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M |
Open | High | Low | Value | Volume |
31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 121215 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 2864 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 121215 | 0.310 |
21 | 282998 | 0.305 |
21 | 464160 | 0.300 |
6 | 89833 | 0.295 |
11 | 293135 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 2864 | 3 |
0.320 | 175639 | 5 |
0.325 | 392741 | 5 |
0.330 | 168348 | 4 |
0.335 | 196676 | 5 |
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