That was the point I was making in my previous post. They buy/sell ratio as a snapshot in time is meaningless. Trades are pinging through within fractions of a second, such that they are happening so fast they are not visible to us. There is no visible queuing on the sell side, yet plenty of sellers. Today the visible queuing and support has been on the buy side. Yet each time it's getting whacked by sell trades that have not queued but are coming out of the blue. So the buy/sell ratio is not an indicator of what's really going on.
Charts, page-1988
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Last
$2.51 |
Change
0.000(0.00%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.56 | $2.50 | $658.3K | 260.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 3114 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |