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
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $72.21K | 14.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 20637007 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 35270472 | 31 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| POS (ASX) Chart |