When a pile of 1m+ bids on every .1 cent increment start to pile up; the size of the bid doubles that of the ask; and the trading volume starts to increase - that's accumulation.
It's also about the most bullish set up in a small cap stock that I know.
Interestingly enough, it preceded a big up move in copper last night - funny how share traders often have better smarts than their mates in the futures pit.
Anyway, not sure why you want to bag this potential up move. At 1.5 cents, a 100% capital gain is mroe than likely, and 1000% gain just as feasible.
When a pile of 1m+ bids on every .1 cent increment start to pile...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.092M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $33.49K | 11.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 21570499 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 3350777 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SMM (ASX) Chart |