Thanks Crazy, I asked Google Gemini to translate your post using a language a novice trader like me might understand more clearly I get it now
"The stock price has gone up a lot recently (from $16 to $20.50, a 28% increase). There were a couple of days where the price went up and down without a clear direction.Right now, it seems like people who are betting on the price going down (bears) are trying to see if people who are betting on the price going up (bulls) are giving up.It might be difficult for the price to go back down as low as it was in mid-March.Basically, the bulls and bears are fighting to see who can control the price.Hopefully for the people who are betting on the price going up (longs), the bears are running out of steam. If the people betting on the price going down (shorts) give up, the price might shoot up quickly."
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.8M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.5¢ | $446.2K | 2.874M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 2695095 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 2036367 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 2528739 | 0.155 |
59 | 2030693 | 0.150 |
20 | 754557 | 0.145 |
22 | 2137917 | 0.140 |
7 | 798050 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 1493089 | 18 |
0.165 | 1371896 | 37 |
0.170 | 892306 | 20 |
0.175 | 840897 | 13 |
0.180 | 979945 | 23 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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ARU (ASX) Chart |