I don’t have the trading data but I’ve seen several Fridays where it gets sold down to 4.1 and then sharply recovers in the last hour. I think it’s getting sold down and accumulators pick up the loose shares from panicked sellers. I’ve been able to buy at 4.1 and sell at the close for a profit and pocket a few shares to top up. Didn’t do it yesterday as I was distracted by some other trades though. I think it’s a low risk play as even if it doesn’t pick up on the day I’m happy to hold onto CHN shares, so much upside.
I don’t have the trading data but I’ve seen several Fridays...
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Last
$1.42 |
Change
0.045(3.27%) |
Mkt cap ! $552.3M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.47 | $1.38 | $3.755M | 2.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 92785 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CHN (ASX) Chart |