ADO 0.00% 2.7¢ anteotech ltd

HA!There are millions before mine get close and mine don't add...

  1. ds
    7,131 Posts.
    HA!

    There are millions before mine get close and mine don't add up to that much.

    I believe it is actually good for a share that is rallying to have small orders at every level for people to trade.

    If we do in fact break 7c next week and there was 200k @ 7.3 and 200k @ 7.5 and 200k @ 7.7c then what might happen is someone buys them and leaves no bidding interest around underneath and it fails as others who were interested feel like they missed out and move on to other things.

    If there is an average $30-50k worth at each price point I think more people tend to buy in and a more sustained move can evolve.
    There is alway liquidity points at even cents and half cents (human nature seems to make people want to place orders at those levels and also enter trades at those levels for some reason) as we can see @ 7.0 and 7.5c but interestingly there is no order @ 8c.


    It's just my observation of what works - not a trading rule.

 
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Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $67.22M
Open High Low Value Volume
2.7¢ 2.9¢ 2.7¢ $17.68K 634.1K

Buyers (Bids)

No. Vol. Price($)
7 541015 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 4693635 4
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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