if you watched the bots work they were unrelenting in making sure a lower low was hit, indeed 651 low vs 660 couple weeks back. no doubt stop losses at that level.
and when the instos can see the position of the stop losses it's easy prey for them when you consider they can sell to themselves.
it's actually just hilarious because just on Monday i mentioned the volume was the lowest it had been for a while, and then what do you know they magically create the highest volume we've seen for a long time.
i could be wildly wrong but almost felt as if there was desperation in their attempt because they know time is running out.
CHN chart, page-2631
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Last
$1.49 |
Change
-0.035(2.30%) |
Mkt cap ! $577.7M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.56 | $1.46 | $5.624M | 3.772M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65961 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 20387 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |