CCM 0.00% 5.6¢ cadoux limited

* interview with FYI, page-30

  1. 1,983 Posts.
    lightbulb Created with Sketch. 1605
    Great volume today! Looks like the market is finally waking up to FYI - about time!

    Interesting trading today.
    From the open up to our daily high of 8.6c there were over 1.7 million shares traded with the majority respectable parcel sizes.
    Then to fall back from 8.6c to 7.5c it only took just over 300k shares to be traded with a lot of very small parcels (in the 100 to 500 share parcel size) traded.

    Then the buy side slowly building again.

    Often happens when the buy side is somewhat thin on the screen and the bigger buyers sitting off. The smart investors can use this to their advantage by trying to pull the price back before they reload and go again hoping some healthy sells appear back in the range the price just appreciated from. Basic but effective strategy you see time and time again.

    I don't normally look at the trade patterns too much as I'm a fundamentals man and tend to buy and hold. But this one got me having a look!

    Looking forward to the weeks ahead.



 
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(20min delay)
Last
5.6¢
Change
0.000(0.00%)
Mkt cap ! $20.77M
Open High Low Value Volume
5.7¢ 5.7¢ 5.6¢ $5.029K 88.73K

Buyers (Bids)

No. Vol. Price($)
1 18181 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 72394 1
View Market Depth
Last trade - 15.35pm 13/09/2024 (20 minute delay) ?
CCM (ASX) Chart
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