Short squeeze indicatorsSubstantial amount of buying pressure. ...High short interest of 20% or above. ...High Short Interest ratio (SIR) or days to cover above 10. ...Relative Strength Index (RSI) below 30.
Today on Comsec:
91 buyers for 600,822 units 48 sellers for 176,971 units
Trading after hours.
Lots of sell orders between 11- 14 dollars.
Theory:
If they can push it down it can also bounce up? If these people at 11-14 hold and dont sell we will see buying pressure sky rocket. And it will be the new floor. I think its time the shorts burn. ASM is a good company and its ok for a downgrade with the global economy - its un Australian to run a good company and create job lossed nation wide because a few internet nerds or hedge funds are greedy and need a new pool. HOLD
ASM Chart Thread, page-9085
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Last
73.5¢ |
Change
-0.060(7.55%) |
Mkt cap ! $133.1M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 81.5¢ | 73.0¢ | $629.9K | 827.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16673 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |