Reaper01,
"I find it fascinating how psychology can be used to explain the behaviour too."
In all respect, if you don't believe that psychology plays in integral part of trading you are misguided and naive. Trading is based on behaviour and emotion. Many trading books devote whole chapters to trading psychology.
Yes I agree NGE is consolidating but that doesn't mean there aren't games being played at the same time further up the food chain. Do you think the 1M order at 28.5 is genuine?
cheers
Ange
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Last
$1.13 |
Change
0.030(2.73%) |
Mkt cap ! $40.17M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.13 | $1.12 | $31.92K | 28.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 7856 | 1 |
View Market Depth
| Last trade - 12.43pm 12/11/2024 (20 minute delay) ? |
| NGE (ASX) Chart |