Yep it will take some sort of pattern breaking news that can sustain anything more than a short-term price rise we have seen historically, like a TO offer as you mentioned.That or some other monumental external influence are the only two things I van see breaking these algo traders.
Anything to create sustained pressure on the buying side, not just a temporary news inflow of demand.
$?Bill in a ? Life mine, page-24147
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Last
$1.00 |
Change
0.050(5.26%) |
Mkt cap ! $151.3M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | $1.00 | 94.0¢ | $195.8K | 201.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 7572 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| HCH (ASX) Chart |