It seems to me that the shorters are trying to create cascading stop-losses to exit their positions elegantly.
In this they are aided by a weak MACD together with most Instos. that are prohibited from buying shares under 20c.
Given the CR many games are being played, but the long game here is to buy/accumulate on weakness and thumb through the latest Porsche catalogue.
Happy days.
XanaX
It seems to me that the shorters are trying to create cascading...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $229 | 50.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 87 | 63618432 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 14793658 | 24 |
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| Last trade - 12.55pm 08/07/2024 (20 minute delay) ? |
| POS (ASX) Chart |