I do not have a clue where the support level lies. I would like to know what selling target price is set by those buying today and those prepared to buy at any lower price. Everyone buying must have a target price at which they will sell. They may also have a stop loss in place. It is traders with stop losses that will be partly responsible for this sell off. There are others in the game that will know where these stops are set and will manipulate the SP to trigger these stops.
There is a perfect storm brewed by current events and the goings on of the ASX casino, a storm that will be weathered. Just how much of a battering occurs will depend on how long the storm lasts, the groundhog day participation, the tenacity of current shareholders, the uncertain MAY month tradition and of course the resolving of the political problems.
In the end the storm will pass and the sun will shine again. The company is in good capable hands.
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Last
$6.81 |
Change
0.470(7.41%) |
Mkt cap ! $6.365B |
Open | High | Low | Value | Volume |
$6.28 | $6.85 | $6.27 | $40.95M | 6.153M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16368 | $6.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.82 | 2982 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16368 | 6.800 |
8 | 16901 | 6.780 |
4 | 59833 | 6.770 |
2 | 23112 | 6.760 |
2 | 33942 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.820 | 2982 | 3 |
6.830 | 4385 | 4 |
6.840 | 39280 | 5 |
6.850 | 48465 | 11 |
6.860 | 24712 | 3 |
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