Double the number of shares to be sold over buyers telling the tale?
Market depth is not a true indicator of how a stock will go up or down. All it does is give indicative opens closes.
Most serious buyers sellers do not sit in the cue ala mums and dads. They buy and sell from off screen, that’s why often you see big trades moving thru on stocks not in the depth.
Also the buy sell equation can change in a Nano second depending on news or left field events.
Most pro traders pay little heed to market depth, price action is where it’s at.
https://hotcopper.com.au/threads/ann-appendix-3b.4090849/page-38?post_id=31943197
Double the number of shares to be sold over buyers telling the...
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 (20min delay)
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $183.3M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.7¢ | $22.10K | 582.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3180646 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 659476 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| FBR (ASX) Chart |