Hi learning..
This is a paragraph I took from Yahoo tread. Sorry. The claim is clearly that we "bottom" at that range not what u said.
The claim try to substantiate (using pretty wrong assumptions).
I think ,respectfully, that u mis read his text(previous and this one).
Clearly the intention is promote the idea,... "they try break the 2 range and they didn't succeed... Now is just upside.
(I glue bellow for your inspection)
Thanks
CATO
"The share price was pushed down to $2.00 on Thursday 15th July as the shorts started to increase and then pushed down through $2.00 on Friday 16 July, thus setting off stops and a mini-panic and resulting in a low of on Mon 19 July. The price has bounced since then, so it was a pretty mild attack, without much selling (biggest selling on ASX was 5m on Friday when the price pushed down through $2.00) and was met by some steady (though unremarkable) buying.
Previous recent pushes down through $2.00 have seen the price bottom out between $1.70 and $1.75. So, this was a pretty weak effort without much conviction by the shorts and the stops and the bots - maybe because most of the stops had already been previously triggered.
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Hi learning..This is a paragraph I took from Yahoo tread. Sorry....
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Last
$1.58 |
Change
0.005(0.32%) |
Mkt cap ! $1.798B |
Open | High | Low | Value | Volume |
$1.56 | $1.61 | $1.52 | $6.446M | 4.092M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 62215 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 14678 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 62215 | 1.570 |
3 | 77179 | 1.565 |
4 | 41107 | 1.560 |
1 | 11805 | 1.555 |
5 | 65792 | 1.550 |
Price($) | Vol. | No. |
---|---|---|
1.580 | 14678 | 2 |
1.590 | 12941 | 2 |
1.595 | 51292 | 6 |
1.600 | 82929 | 6 |
1.605 | 81193 | 5 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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