Today's candlestick:
From the point of view of a long (me) that blood red candlestick, especially after the past 3 to 4 days, looks to me like an exhaustion of selling. That long fishing line suggests to me that buyers took control to day's end. My thinking is that spec/momo investors took profits probably believing momo is diminished. Their shares were then bought by longer term investors -- though at this stage value investors aren't in, perhaps deep value investors building positions (eyeballing the ~$420k that came in from the possible exhaustion bottom).
Thoughts on exhaustion selling today, anyone.
OV
PS Maybe RF is the one getting his average cost down -- kidding, I've no idea.
CLQ Chart, page-554
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRL (ASX) to my watchlist
|
|||||
Last
48.5¢ |
Change
-0.020(3.96%) |
Mkt cap ! $43.76M |
Open | High | Low | Value | Volume |
45.5¢ | 50.0¢ | 44.0¢ | $34.40K | 74.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 954 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 954 | 0.460 |
1 | 1299 | 0.450 |
1 | 1200 | 0.440 |
1 | 12000 | 0.430 |
1 | 3673 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 10000 | 1 |
0.515 | 10525 | 1 |
0.520 | 5845 | 2 |
0.525 | 10000 | 1 |
0.530 | 27300 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
SRL (ASX) Chart |