The last two inverted hammers tell me that amongst the strong buying and legit selling, their are buyers waiting on the sideline that appear to rush in and pay whatever they have to in order to acquire a stake in this. Cashed-up FOMO is driving up the seemingly unsustainable daily highs while the standard buying action is outweighing the selling resulting in higher closes. So to me I don’t see this as exhaustion or the blow off top that other chartists mentioned earlier today.
CLA chart, page-43
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 (20min delay)
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $24.27M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $11.38K | 1.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 17650306 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4230745 | 7 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.1¢ | 215373 | ||
| Last updated 15.05pm 03/05/2024 ? | |||||
| CLA (ASX) Chart |