SHE 0.00% 0.7¢ stonehorse energy limited

Over the last month SHE price has fallen, but the volumes have...

  1. 139 Posts.
    lightbulb Created with Sketch. 73
    Over the last month SHE price has fallen, but the volumes have been very low(on some days reaching 0).
    such low volumes will not contribute to the long term share price evolution of SHE.

    They are like ripples in a pond,

    At such low volumes a seller would be forced to drop their price to unreasonable lows and a buyer would raise the price significantly.

    A profitable buyer would buy very small volumes accumulating being carefull not to raise the price, a not so profitable seller may try to sell all
    forcing the price down.

    Small-Low volume transaction over the last month reflect only a small segment of the market sentiment of SHE.

    In May-2021 the volumes were much larger reaching 77 million and more indicicative of the larger market sentiment
    whereas friday they reached 77,000 and some days 0 indicating a need to sell for only a small segment of the SHE holders

    We are seeing ripples today, but the big volumes are are up.





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