Very bullish close at 44.0c on massive volume 15.5M total around $7M in a day
the bots were accumulating all day mixed with several big whales line swiping-
opening auction lines swiped at 39.5 40.0 40.5 41.0 41.5
first few hours bots tried to hold it at 41.75 42.25 then another line swiping at 42.0 42.5 43.0
lunchtime, bots tried to accumulate at 42.75 and 43.35 but then again more lines swiped after lunch at 43.5 44.0 44.5 to hit daily highs.
Closing auction, was left to drift but with 194k bids at 44.0c and buyers stayed pat on close and didnt swipe, so they can get their gains tmrw
VWAP at 43.25 with morning & arvo line swiping and bots working throughout without stopping.
Looks like lots of Insto/Bank desks have large teams working on the gold stocks today & its not over yet.
dancing partner SLR closed at 43.5c but lagged all day and the bids are 1c lower now than PRU.
SAR RRL RSG all rose 3%-5% yet PRU SLR bith up 10% in a day double to triple that rate.
Looks like 44-45c saw more accumulation with the same tactics as at 33c-38c then the gapup step up. Sellers sub 39c are now spitting their dummys as they got dudded into thinking the Sissingue mine was a dud and worthless and didnt do their maths.
I correctly called the low range 30-33 then the slow rise 35-38c then a gapup rerate to 43c annual high.
I have also called another gapup rerate to 52c-64c and annual highs of 70-110c.
The resistance point/prior annual high at 43c was smashed easily.
Next resistance points are at 52c-64c.
Expect another run tmrw as US market closed and AU price is higher and USD$ lower at 3 years lows with DXY below 91.0 for the 1st time in 3 years (Nov 2014) and expected to go lower to 83-89.
Tmrw I expect these same Instos to be all over PRU SLR yet again with split bids and line swiping 44.0-48.0 as now 43 has easily cleared with no resistance we are headed back to 60c-80c range imho.
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Very bullish close at 44.0c on massive volume 15.5M total around...
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Last
$2.73 |
Change
0.000(0.00%) |
Mkt cap ! $3.750B |
Open | High | Low | Value | Volume |
$2.72 | $2.74 | $2.70 | $9.139M | 3.356M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 72461 | $2.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.74 | 124770 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 72461 | 2.730 |
4 | 26336 | 2.720 |
6 | 58817 | 2.710 |
6 | 52139 | 2.700 |
3 | 68713 | 2.690 |
Price($) | Vol. | No. |
---|---|---|
2.740 | 1828 | 1 |
2.750 | 70708 | 9 |
2.760 | 69933 | 4 |
2.770 | 40126 | 4 |
2.780 | 18614 | 3 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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