Someone is going to have to do a lot of explaining to their superiors on the immense stupidity to build a short position on DVP with its prospects and imminent news flow.
I'm thinking a trading desk had a good feeling this was going to test and print a double bottom and expecting to take this out to trigger liquidity to buy the stock back as expectation is that stop losses would have been heavily concentrated somewhere in the $1.70 range.
I think the quarterly albeit containing info we already had known has surprised the market with increased revenue in mining services and ruined this prospect for the trading house.
- Forums
- ASX - By Stock
- DVP
- DVP Technical Analysis
DVP Technical Analysis, page-3162
-
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DVP (ASX) to my watchlist
|
|||||
Last
$2.25 |
Change
-0.030(1.32%) |
Mkt cap ! $580.6M |
Open | High | Low | Value | Volume |
$2.23 | $2.29 | $2.20 | $2.115M | 939.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3593 | $2.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5300 | 2.200 |
1 | 1751 | 2.170 |
1 | 500 | 2.140 |
1 | 4629 | 2.070 |
1 | 200 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.280 | 6663 | 1 |
2.290 | 3982 | 1 |
2.300 | 22389 | 3 |
2.350 | 2007 | 2 |
2.360 | 5000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
DVP (ASX) Chart |