Individual.
The sell side of the ledger is normal. A lot of traders would have wanted the sp to break through 23 cents (resistance line) yesterday from a chart point of view. They are not interested in the fundamentals of the stock but in the trending sp. Quite a few of these traders would be wanting to bail out. There is no market manipulation as previously speculated.
ITE will be going through a consolidation phase until there is more news regarding contract wins and/or merger consolidation. More news I would expect would be in the half yearly report.
Do you know when that is due ?
- Forums
- ASX - By Stock
- how do time frames work with cfds
ITE
i.t.& e limited
Individual.The sell side of the ledger is normal. A lot of...
-
- There are more pages in this discussion • 4 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 ITE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online