Personally, I think this is part of the strategy, the downward manipulation flushes out the stop losses, the allowance to let the price rise flushes out those who did not have a stop loss on but have been frustrated by the lack of perceived growth and reach a point they are comfortable to sell at. In a nutshell capturing the the weak hands on the way up who were scared by the falls.
Personally, I think this is part of the strategy, the downward...
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Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $527.0M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.34 | $5.839M | 4.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57927 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 19937 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CHN (ASX) Chart |