The 1 share bot sale simply tells me that there is a market maker in FLC drawing the charts to influence our response. It's not by accident that the rise has paused here. 15/16cts is where the red line is. See above. That is the cumulative average volume weighted price of the last 5 years, the resistance where most supply stands. Hence, the bot is designed to pause here and let jaded, disgruntled long termers get out of their positions.
No need for investigation. Bots and their master market makers exist in all markets where insti players have an interest. They use bots to draw charts that colour and influence our perception. It is not even playing field for retailers like us. We just need to NOT let ourselves play into their hands. But it's easier said than done because humans are sensory creatures.
Let's hope the 4C break the resistance of 16cts two weeks from now. Once it does, it will again change the perception of the market.
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $177.5M |
Open | High | Low | Value | Volume |
16.5¢ | 16.8¢ | 16.5¢ | $4.343K | 26.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 244189 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 670034 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 234189 | 0.160 |
2 | 119300 | 0.155 |
3 | 140500 | 0.150 |
2 | 43000 | 0.140 |
1 | 22000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 670034 | 6 |
0.175 | 183965 | 3 |
0.180 | 229608 | 4 |
0.185 | 392997 | 8 |
0.190 | 470502 | 8 |
Last trade - 15.45pm 03/05/2024 (20 minute delay) ? |
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Last
16.5¢ |
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Change
-0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
16.5¢ | 16.5¢ | 16.5¢ | 28969 | ||
Last updated 12.41pm 03/05/2024 ? |
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