I think yellowfin is flagging there’s only $8.2k of sell orders until $0.29.
So the theory goes the true value is $0.29 and everyone selling below that price could be wiped out with a single buy order.
The buy/sell orders are still balanced but when we had the previous burst there was a big disconnect of only 500k sell orders to 2.8m buy orders or something. Would need a technical trader to explain in more detail (I’m a value trader so don’t pay too much attention to the day to day buy/sell spread).
I think yellowfin is flagging there’s only $8.2k of sell orders...
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Last
24.5¢ |
Change
-0.015(5.77%) |
Mkt cap ! $116.4M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 24.5¢ | $77.57K | 302.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 41756 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
24.5¢ |
Change
-0.015 ( 5.84 %) |
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| Open | High | Low | Volume | ||
| 25.5¢ | 26.0¢ | 24.5¢ | 78370 | ||
| Last updated 15.36pm 06/05/2024 ? | |||||
| ART (ASX) Chart |