Absolutely stay alert...and stand back and wait for the dust to settle!
What your spreadsheet doesn't show Bazzi is that the last day, Feb 2nd, was a huge gap up over resistance and they sold into that like craz-eee! The following day closed 19c lower than the previous days high. You have to be very careful around announcements.....it may, or may not, happen again.
As for the second table, Sept 21 was capitulation day. It then fell for 3 more days on HUGE volume, hinting at some serious buying coming in.
"big money" and "big volume", page-6
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |