Well mate if you bring up a daily candle chart for the last 3 months you can see when there was that big gap down on the opening of the session for the 17th. What is more telling than simply the price action is the volume.
Volume that day was 5.7 million when all other days are below 2 mil. Now that's a bleeding obvious explosion in volume. And if as you say there was no major event, then make no mistake that is people in the know telling their friends to get out because of event "x" coming up.
Such a violent explosion in volume like that sticking out like a sore thumb is those privy to knowledge, jumping off the wagon and leaving the small guys to take the hit.
Just saw this mentioned today on Sky Business in the bottom movers. It's slack for holders.
So the chart broke the story on the 17th and the paper on 30th. No better news source than the charts.
Well mate if you bring up a daily candle chart for the last 3...
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Last
$7.35 |
Change
0.000(0.00%) |
Mkt cap ! $3.565B | |||
| Open | High | Low | Value | Volume |
| $7.47 | $7.49 | $7.34 | $4.388M | 594.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2575 | $7.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.39 | 10906 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NHF (ASX) Chart |