The share price has been at this price point several times since the initial sharp drop, the first time the volume was 2.5M, second time 0.5M and today 0.2M. This is exactly what I want to see as a VPA trader, supply (or selling) drying up. It can also be interpreted as a lack of demand (or buying) so we want to see a breakout through resistance on high volume to verify the reversal.
The share price has been at this price point several times since...
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 5GN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $44.90M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $14.62K | 98.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 565736 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 2216057 | 17 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |