Very similar pattern and starting share price surge of BIT.
Bit initially jumped over 100% then fell back approx 35%, sellers were absorbed and then went on to 16c fell back then ran to to a high of 44.5 and is now settling around 24 -30c range.
SUD has ran from last week .004 to today .009 over 100% then fallen back approx 35% to .007 and is being absorbed for the next run up.
If the trading patterns continue similar to BIT then 1.5, 3c and possibly 6c target ranges could be visited over the next few weeks.
Imo it is definitely not a pump and dump as the soak up is keeping the forward momentum in play.
Very similar pattern and starting share price surge of BIT.Bit...
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Last
15.3¢ |
Change
-0.003(1.61%) |
Mkt cap ! $160.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $82.79K | 539.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18124 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 108897 | 1 |
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| Last trade - 15.46pm 12/07/2024 (20 minute delay) ? |
| ALA (ASX) Chart |