I sold half my position.
1) Price action is king for me, and I had technical indicators giving me warning signs, like cracking back under the 200sma for example.
2) your post tells me there are people here who are trying to create an inflated buy side in the market depth, this is called "spoofing" and it is illegal, I don't respect that practice and I am very wary of it. https://en.wikipedia.org/wiki/Spoofing_(finance)
3) I am wary of a "buy the rumour, sell the news" situation as well on Friday/Monday especially if there is no clear positive outcome from the inquiry.
I still think the share price will go up, so I will continue to hold, but to a lesser extent.
I sold half my position. 1) Price action is king for me, and I...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $20.65M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.8¢ | $91.52K | 4.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1956600 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1000000 | 1 |
View Market Depth
| Last trade - 15.48pm 28/06/2024 (20 minute delay) ? |
| BPH (ASX) Chart |