EXR 0.00% 7.1¢ elixir energy limited

I'm not expecting news. As we saw yesterday more than 8 million...

  1. 1,886 Posts.
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    I'm not expecting news. As we saw yesterday more than 8 million shares changed hands. There was never that many buyers listed on the buy side. The inference is that buyers are waiting off screen. No one wants to catch a falling knife. The best was to tell the bottom is when the price turns. My guess is that buyers watching off screen have seen the sentiment change and jumped in.

    I expect some of those machine traders who have been net buyers as the price dropped will start to sell into the strength and make an easy 10%. The SP has been in the control of traders for weeks, and as long as volumes are weak they'll keep control. Expect more selling to push price down, accumulate a few million, then sell as the price strengthens.

    Hopefully people can switch off and ignore the daily noise.
 
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Last
7.1¢
Change
0.000(0.00%)
Mkt cap ! $80.41M
Open High Low Value Volume
7.1¢ 7.2¢ 7.0¢ $39.34K 554.7K

Buyers (Bids)

No. Vol. Price($)
7 453615 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 173999 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
7.1¢
  Change
0.000 ( 2.74 %)
Open High Low Volume
7.2¢ 7.2¢ 7.0¢ 288992
Last updated 14.55pm 29/03/2024 ?
EXR (ASX) Chart
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