Double the volume today on a sell down, at least there was a bit of direction shown after the 3 dojo candles.
For my settings, the SP is now tagging oversold territory at 25. You can see that it did go a lot lower (13) back in October (circled). In that example, when the RSI tagged 25 the SP was .042, when the RSI went down to 13, the SP was .o3 cents so it fell another 30% while being in oversold territory. Just a lesson for those playing at home.
What was interesting was the size of the sell of in the closing auction, approx 6 mill.
Don't ever get in the SP's way during downtrends like this, gotta wait for reversals. IMO
Cheers
Double the volume today on a sell down, at least there was a bit...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $70.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $103.9K | 5.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 8253903 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1266017 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRE (ASX) Chart |