It's called distribution. Weak hands folding and giving away their shares. The smart money is accumulating and snapping them up.
Low volume also suggests that people are holding onto their shares.
PET price is in a narrow channel now.
A week or 2 and this will move way North!
DYOR My opinion only.
It's called distribution. Weak hands folding and giving away...
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PET (ASX) Chart |
Day chart unavailable