Profit taking is a commonality in the market place - but what is one to make of constant profit taking over a long period of time? This is what I believe we are seeing here. We opened up rather well today, and saw the 21c Ask, although weak support at 205c. The Bids were knocked out within 10 minutes.
What I want to know is - who is offloading these large amounts? Surely this is the cause of a very large holder rather than the sentiment of an array of holders.
constant profit taking
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.8¢ | 37.0¢ | $1.932M | 5.172M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 74 | 2295866 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 2095349 | 59 |
View Market Depth
| Last trade - 13.53pm 05/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |