It's pretty simple really, The downward trend was run by the brokers to trigger stop losses on a day of market wide panic. It was so obvious that we fell 12.5% with $70m cash at bank, new FDA approval on a day when overall the health sector only fell 1.85% that day.
Why doesn't it go up, same reason, broker manipulation, it is so obvious through looking at the trade patterns.
Case in point, It pokes it's head into 38.5 and the brokers sell $23 worth of stock to peg it back.
It's pretty simple really, The downward trend was run by the...
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $674.2M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 36.5¢ | $2.266M | 6.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 558958 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 276289 | 7 |
View Market Depth
| Last trade - 14.47pm 16/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |