ASM 11.1% 56.0¢ australian strategic materials limited

ASM Chart Thread, page-7689

  1. 3,066 Posts.
    lightbulb Created with Sketch. 210
    A portrait of manipulation ?

    I have not had time to double check my methodology in these two charts
    So absolutely please don't believe them without further independent study.

    https://hotcopper.com.au/data/attachments/4564/4564551-7564cf659a86f759f76f152594331237.jpg
    https://hotcopper.com.au/data/attachments/4564/4564555-f01ef7b86a2c3376b7971acd1b0c73f2.jpg

    What they MIGHT be saying MIGHT go something like this :-

    Chart 1
    Blue Line VWAP of transactions above $ 500 (Significant Volumes and Values?)
    Orange Line VWAP of transactions under $ 500 (Small Values - including bots?)
    Red Line Prices from bank course of sales
    Red Line Prices below volume weighted averages = aggressive dumping?
    Prices continuing to fall throughout the day

    Chart 2
    Blue Line Cumulative Trading Value - Trades $ 500 and over only
    Orange Line Cumulative Trading Value - Trades below $ 500
    Is the Orange Line a product of automated trading?
    (Refer also Chart 1 - Under $500 Vwap)

    Am I barking up the wrong tree?
    I can't guarantee these quickly produced figures - so questions and thoughts are welcome
    Perhaps hourly figures would be more useful - still requires further analysis
    Lines sourced in haste from bank trading site course of sales
    Will try for hourly numbers if they would assist?
    Current horizontal axis = trade numbers

    Help and criticisms welcome

    Regards - Recherche


 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.