Why would an algorithm place fake bids if not to entice buying/push price up.I have noticed the capping/accumulation, the algo puts fake sells.
I'm just trying to understand what's going on, if you can elaborate. (maybe pushing the price up a few c is enticing people to make a quick buck and sell?? Otherwise. I'm.not sure the logic of this algo)
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $205.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.8¢ | 8.0¢ | $1.340M | 16.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110320 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 100000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RNU (ASX) Chart |