Big gap on closing match
only 1 offeree onscreen at 5.6
ChiX trade went to 5.6c on close up 16.7% from fridays close at a record low of 4.8
Buyers (Bids)
Sellers (Offers)
Column 1 Column 2 Column 3 0 NO. VOLUME PRICE($) 1 3 236401 5.2¢
Column 1 Column 2 Column 3 0 PRICE($) VOLUME NO. 1 5.6¢ 24277 1
Daily volume only 5M even less than Fridays 7M
volume is on a sliding down pattern and depleting daily a sure sign the big sellers are GONE.
Daily chart shows a rising pattern in2 waves and then closing selldown and could/should have closed at 5.6c as on ChiX.
Daily candle is a higher green bar with 0.2c body, 0.5c wick and 0.2c tail meaning the shot higher was sold but this sell was at close & not convincing considering the big gap left and only 1 onscreen bidder, looks more of a low volume manipulation sell than a legit capitulater.
ASX volume is 10 times that of ChiX meaning INSTOs are not selling or buying here, its mainly retailers.
I mean why sell at 5c if you got them at 50c or $1.50?! Crazy
Might as well average down and buy some down at these record lows.
But need to ensure its the low rebound point and not a suckers rally.
5c seems to be holding and volume confirms this.
Looks like a great value buy here atm but need to see a few more days as confirmation.
Big gap on closing match only 1 offeree onscreen at 5.6 ChiX...
-
- There are more pages in this discussion • 132 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 AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.00 |
Change
0.110(0.58%) |
Mkt cap ! $365.2M | |||
| Open | High | Low | Value | Volume |
| $19.01 | $19.11 | $18.59 | $97.55K | 5.216K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43 | $19.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 21 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |