Many posts have been made as to the share price of Perseus over the past weeks, but little has been said as to why it appears to be "locked" into the $1.55 area.
I suggest that anyone interested, should take a closer look at the "Course of Sales" and NB. the "algorithmic trading" - BOT trading and much of it being XT with very small parcels. ( 40's is common - Today )
It is this kind of trading that is "Capping" the SP of Perseus. Who would Buy up when it is obvious that a "Bot - Broker " is selling down ( probably with the motive of accumulating stock for its self ).
Yesterday's Trading seemed to indicate a "Seller" slowly moving stock, which appeared as a constant $1.55 sell - The Majority of the Volume of stock traded yesterday was @ $1.55 and the Course of Sales indicated the "trading" Bot pattern that has been prevalent over many weeks.
PRU "News" will be the only thing that breaks this pattern, or when the "Bot" has finished "playing games".
Go and Observe this trading pattern and stay aware of the Course of Sale = Its a valuable tool in determining the reasons for Stock movement.
Regards,
Fishhy
course of sales - capped shareprice
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.32 |
Change
-0.030(1.28%) |
Mkt cap ! $3.187B | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.32 | $2.25 | $11.09M | 4.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 265953 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 392235 | 14 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| PRU (ASX) Chart |