Dear @sabine,
Today is a classic shakeout to accumulate at lower points. There were no trades until 10:36AM and then bang. BOTS were quite rapid in action. Look at the sell stack.. they are not retail investors/traders. These are big players who are trying to spook retail investors to sell their shares. If any institution have to sell , selling would have been orchestrated without showing hands.
Anyway that's the way I see it.
On another note, short positions in NRW have slightly increased in the last few weeks. Currently sitting at 0.51% of issued capital (1.87 mill. shares). Nothing alarming at this stage but need to keep an eye on this.
Dear @sabine, Today is a classic shakeout to accumulate at lower...
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Last
$3.56 |
Change
-0.020(0.56%) |
Mkt cap ! $1.620B | |||
| Open | High | Low | Value | Volume |
| $3.55 | $3.58 | $3.53 | $2.772M | 779.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11960 | $3.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.57 | 27645 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NWH (ASX) Chart |