A few more weak hands spilled their lollies today. The macro situation couldn't have come at a better time for the accumulator; just mopping up the supply. It's easier to see at these low volumes; was 61.5 last week, every time they got chomped a few more would pop up on the buy side. Now its 60.5/61. Might see a stop hunt or two in the lead up to next thursday. I fear that because we are seeing quite low volumes, any accumulation phase, if in fact this is one will be drawn out for quite some time. Patience might be required.
ARQ chart, page-53
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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 |