I would say its because of the giant downtrend, all the sellers who are willing to sell are tapped out, leading to large increases in price without large volumes. (But I may be wrong, other opinions welcome)
I'm pretty surprised myself at the crazy jump in SP, considering TOL hasn't even been released. But what the heck I got in early so I'm not complaining about more profits. Haha. If the momentum keeps up I might even add to my position considering how fast it cleared the previous 1.04 resistance.
at the turn of the tide...at first light , page-139
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Last
$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12791 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 13019 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |