Today's action closed with the most volume in the past 12...

  1. 672 Posts.
    Today's action closed with the most volume in the past 12 months.
    Looking at the intra-day movements, price traded very little up to 220, then back down to 210 in the last half hour, where it appears massive selling took place, but equally large buying jumped in to absorb it all, feels like bullish absorption.

    Looking at the depth, it's very likely that there were hidden institutional and more sophisticated orders being used to create this kind of volume. Definitely not someone lining up in the 210 bids...

    Could today's action trigger a strong move tomorrow?
    Last edited by ineptrader: 28/04/16
 
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(20min delay)
Last
$3.08
Change
0.040(1.32%)
Mkt cap ! $1.563B
Open High Low Value Volume
$3.02 $3.08 $3.01 $671.0K 220.7K

Buyers (Bids)

No. Vol. Price($)
33 12789 $3.07
 

Sellers (Offers)

Price($) Vol. No.
$3.08 8272 22
View Market Depth
Last trade - 13.46pm 01/08/2025 (20 minute delay) ?
IMD (ASX) Chart
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