its simply in consolidation soaking supply. If it's so bearish where are the sellers? why arnt the bids being slammed again at 2.9 and 2.8 especially with a scary wall of 3m on the ask. I'm sure they will manipulate it and take out 2.9 in auction as usual however while markets are open why has supply slowed. A good question to ask. Like we had a shake out to 2.2 this appears to be the shake from 3.5 to 2.8 on no real supply. just locked in traders at higher levels spooking them self and getting out to what they think is a premium to where its going. 2c or 1.5. we've been here multiple times and there is no supply. the HH HL channel is still in play you can consider it oversold temporarily.
its simply in consolidation soaking supply. If it's so bearish...
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.09M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.5¢ | $120.1K | 7.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1426799 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 250000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
1.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.8¢ | 1.5¢ | 6584881 | ||
| Last updated 15.54pm 08/05/2024 ? | |||||
| FFG (ASX) Chart |