Not off topic!
Where does anyone using charts explain the dump on late friday afternoon. Why do you quote 30 Nov "shorts" to explain what happened on 1 Dec??
It wouldn't have taken a large volume to have moved the market for LPD at that time since the buying support then was very thin in that price range. At 3:30pm there was 1 buyer at 7.2c wanting 9,734,
7 buyers @ 7.1c wanting 999,502, and 19 @ 7c wanting 2.25mill; the next significant buyers were placed at 6.7c for over 10mill.
Whereas on the sell side all except one price 7.3c the orders to sell were in the several millions; and the first time in a long while selling volume in the ten lines being offered were greater than those on the buy side.
Thereby, providing the perfect opportunity to "shock" the market for LPD into a "dump" situation and trigger stop losses on the way down.
Not off topic! Where does anyone using charts explain the dump...
-
- There are more pages in this discussion • 352 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LPD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $7.468K | 3.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 168 | 195684971 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 118281350 | 55 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LPD (ASX) Chart |