It appears to be a rotation pattern, which often happens when stocks perform well over a period.
Investors sell the better performing stock, in this case EML, to buy one which has been oversold.
It did move into positive territory afterall, but profit taking is still going on through May.
It appears to be a rotation pattern, which often happens when...
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Last
90.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.6M | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 90.5¢ | 88.0¢ | $756.4K | 842.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16737 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 59322 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
90.0¢ |
Change
0.000 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| 90.0¢ | 90.0¢ | 88.0¢ | 42506 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| EML (ASX) Chart |