DayTrading After-Market Lounge 20th Sep, page-32

  1. 32,553 Posts.
    XPE. Cheers Nil. I would always be on the side of caution anyway. But, even looking at the 1 min chart there is a 7.5M dump in one hit that is too big to be a bunch of random sellers.

    I'm not too sure what to make of the quick bounce. Lots of possibilites there.

    You can only guess, but it is hard to make a case that someone sells that many on a whim or with the expectation that they will somehow make more $$$s than if they had held and not crashed the SP?

    And taking into account the previous dump and the sell down from 11c and the unexplained resignations of directors and some flakey anncmnts . . . well, some people might see positives.

    Trading specs is my hobby so I take an interest in all this.

    I traded some from the recent low but not holding since 5c. Would like to see retrace to 4c b4 I look hard again.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.