CVN 2.63% 19.5¢ carnarvon energy limited

Good posts Entro, you got me to rethinking some parts of my...

  1. 1,446 Posts.
    Good posts Entro, you got me to rethinking some parts of my volume analysis which I hadn't taken into account previously.On the 12 month daily chart, I can see the
    historically hefty vols that go through.It is quite possible, as you have said,that market action may be the fact that there may just not be enough buyers left anymore.This could cause an abherration in buy depths, thus looking like there are no buyers left, causing new traders to believe the stock is falling,who therefore start selling, and exasurbate the problem.Therefore a surge in DT's or general buying is needed to re energise the market.Interesting in a T/a sort of way....
 
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Last
19.5¢
Change
0.005(2.63%)
Mkt cap ! $339.8M
Open High Low Value Volume
19.5¢ 19.8¢ 19.5¢ $175.0K 897.6K

Buyers (Bids)

No. Vol. Price($)
3 53120 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 814378 17
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Last trade - 10.12am 02/07/2024 (20 minute delay) ?
CVN (ASX) Chart
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