5.93 was considered the "sell" level to confirm a bearish pattern according to aussiebulls. They've now got a sell on the stock according to their charts.
The volume is not out of the orindary. Seems to me to be a clear tactic to attempt to mop up extra shares or trigger stop gaps etc.
Doesn't appear that happened given the volume. Therefore it will continue to slide to find where the sellers are or it will just hover around here for a while until people feel like buying again.
Who knows :-)
If however it were to make it to the 5.60s-70's again then I'd be topping up some more.
let me guess, page-3
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Last
$1.10 |
Change
0.005(0.46%) |
Mkt cap ! $1.250B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.13 | $1.08 | $3.993M | 3.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 49642 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 41380 | 17 |
View Market Depth
| Last trade - 14.07pm 10/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |