@slick I know you are a bit closer to the large end of traders on the market, so you might have some insight here on what happens on that end.
Maybe I am wrong, but I noticed that the trading pattern has somewhat changed in the last week or so:Can't understand, what is the driver?
- we see a good start upon open,
- then 30 min to an hour into trading, we see large sell orders pushing the price down, but more aggressive than I have seen before,
- after lunch it lets up, as we approach close of trading.
I can only think that we are possibly seeing overseas traders in different time zones clocking in and building positions, or am I overthinking this?
Appreciate your perspective.
IMUGENE CHART. TA only, page-8878
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $382.1K | 7.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 8072405 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 668099 | 5 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |