29M 5.48% 38.5¢ 29metals limited

Based on the volumes, a large holder is liquidating and traders...

  1. 6,450 Posts.
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    Based on the volumes, a large holder is liquidating and traders are getting caught trying to buy the bounce thus adding to the large volumes with stop losses.

    There's only so much to be gained for shorters here(unless they believe it's a zero) so I don't think the volumes are coming from shorters.

    No technical sign of exhaustion yet.
 
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Mkt cap ! $271.9M
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38.0¢ 39.3¢ 38.0¢ $416.9K 1.078M

Buyers (Bids)

No. Vol. Price($)
10 48154 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 185538 23
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Last trade - 11.45am 16/08/2024 (20 minute delay) ?
29M (ASX) Chart
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