Algos (computer programmes) target price levels ( buy ins) and stop loss targets.
This is an automated way of shaking the tree.FML target of .17 is a historical target. Almost guaranteed it was an algo,target.
Once hit. Alog stops selling. If buying support doesn't kick in, or if another algo has a lower price target. It will be retested and go lower.
Expect a retest. But if algo offline. Price accumalation will occuur up to previous support (new resistance) level.
It's largely a computer game with your money at stake.
You lose most of the time though- because you are way more attached to your money than the computer is to data.
- Forums
- ASX - By Stock
- FML
- geez! bots must be targeting 1.7
geez! bots must be targeting 1.7, page-19
-
- There are more pages in this discussion • 2 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 FML (ASX) to my watchlist
|
|||||
Last
12.5¢ |
Change
-0.013(9.09%) |
Mkt cap ! $35.81M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 12.5¢ | $6.335K | 47.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 198192 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 67030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 198192 | 0.125 |
2 | 11625 | 0.120 |
1 | 1000 | 0.110 |
1 | 50000 | 0.056 |
1 | 70000 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 67030 | 2 |
0.145 | 4928 | 1 |
0.150 | 454554 | 3 |
0.155 | 6500 | 1 |
0.160 | 111109 | 3 |
Last trade - 15.58pm 26/07/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |