Only 3 million shares traded, low volume pullback. No worries. Hakuna matata. Good opportunity to top up, i increased holding this morning again. 24 cents,What a bargain. In 1 or two weeks we'd look back and say i wish i had bought more at 24c, like now we are saying"i wish i topped up at 16c" lol Great article to read to understand low volume pullback:
"Many technical traders will try to enter a position on the short-term weakness seen in a low volume pullback because it increases the risk/reward ratio as stop losses are closer to major support levels. Long term investors may also take these opportunities to add to their positions at a lower price and decrease the cost basis of their overall long positions, which creates an opportunity for more upside."
Read more: Low Volume Pullback https://www.investopedia.com/terms/l/low_volume_pullback.asp#ixzz5B6G6gvkG
IMHO DYOR GLTA
Only 3 million shares traded, low volume pullback. No worries....
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 (20min delay)
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $27.06M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.5¢ | 31.0¢ | $6.157K | 18.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9900 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 151515 | 1 |
View Market Depth
| Last trade - 14.56pm 03/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 32.5¢ | 32.5¢ | 32.5¢ | 1364 | ||
| Last updated 12.01pm 03/05/2024 ? | |||||
| JAT (ASX) Chart |