Like I said previously my belief is that the initial early sell off caused a stop loss trigger and that’s when the capitulation started. The story hasn’t changed as far as we know but often impatient holders/traders timeframes have. Our bullish chart would have had had traders all over us and they tend to use stop losses when trading stocks. Unfortunately for the longs we will get bumpy roads along the way, but to me this is part and parcel of the stock market.
CPV, page-3131
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Last
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $107.0M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.0¢ | 42.5¢ | $54.57K | 125.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 99479 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 10000 | 1 |
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| Last trade - 15.20pm 15/08/2024 (20 minute delay) ? |
| CPV (ASX) Chart |