''In reality there are always nervous nelly weak hand.Will be getting shaked by big guy. so you think this will help?''
Well, on Friday, 1.7M shares were sold down (Very low volume). This is compared with 12M average daily volume.
I dare say, the nervous Nellie's have exited.
Many of the selling IMO has been traders and by the SP Manipulators capping the SP (to scare holders) whilst accumulating.
Now that the hourly chart is showing oversold, IMO, the sellers that dumped their shares (to achieve a 20% decline in one week) will be trying to get back in, and the fake sell orders will get pulled. I've already given an example of fake sell orders here:
https://hotcopper.com.au/threads/lets-make-em-pay-3c-and-above-minimum.8043135/page-2?post_id=74230304
So IMO, there will be some FOMO this week that will trigger a SP recovery.
Now just imagine if positive news is announced before the dumpers have had a chance to re-enter.......
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $11.49M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.0¢ | $56.79K | 5.100M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1254545 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 2577457 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1254545 | 0.011 |
18 | 3532852 | 0.010 |
7 | 7851110 | 0.009 |
4 | 4312500 | 0.008 |
2 | 600000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 2577457 | 3 |
0.013 | 1108744 | 6 |
0.014 | 1272000 | 4 |
0.015 | 914000 | 4 |
0.016 | 1197855 | 4 |
Last trade - 15.22pm 28/06/2024 (20 minute delay) ? |
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