The shorters might be banking of holders going for profit taking before $5 believing that $5 may be a psychological resistance level. Thus a bit of shorting may encourage some to 'bank' their profits. Just a thought.
Depends who is in the market wanting to buy in volume at this price.
I think once it breaks the $5 mark it will still pull back again briefly before surging again. IMO
The shorters might be banking of holders going for profit taking...
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Last
$13.02 |
Change
0.005(0.04%) |
Mkt cap ! $14.98B | |||
| Open | High | Low | Value | Volume |
| $13.06 | $13.07 | $12.97 | $32.82M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 15030 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2197 | 12 |
View Market Depth
| Last trade - 14.36pm 28/06/2024 (20 minute delay) ? |
| NST (ASX) Chart |