Hi Alee
Taking the total of the BUY/SELL would give you the ratios you quote. To my mind, a more relevant ratio would be to total the BUY/SELL market at 1c above the current price as once the market price approaches this point, the BUY/SELL ratios change dramatically. There are 3m buys and .98m sells up to 1c above the current price. I think this is a much more realistic assessment of the BUY/SELL ratio. The fundamentals of China taking advantage of offloading copper when prices are high would definitely be a factor affecting all copper producers. This country will manipulate to the maximum extent possible and any analysis, whether Chart based or Fundamental must factor this in as a major "Risk".
Hi AleeTaking the total of the BUY/SELL would give you the...
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $110.5K | 2.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 921748 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 300000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| HGO (ASX) Chart |