you've also got to consider the Buyers,snc.
Are you buying today or are you pretty much position taken?
I'd imagine all of us here have enough or are wanting to buy more perhaps sub/around 20 maybe?
but snc for the price to rise there has to be Demand/Buying pressure and the long term holders around here for example are all full up
so AXE needs Fresh Meat buying to absorb the stale holders selling.
This is all very ho hum basic but I'm tired of reading about concerted selling down when it's just as much Timid Buyers, got no gung ho in them to line wipe a few sell lines.
It's the Volume that's giving a poor indication.Volume is not backing price moves either way.
AXE is in limbo.
not for happy trading/.
you've also got to consider the Buyers,snc.Are you buying today...
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $67.53M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.5¢ | $22.39K | 82.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37623 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.32pm 30/08/2024 (20 minute delay) ? |
| AXE (ASX) Chart |