shorts covering = gap up open.
From which they will want to push SP down. You onkly need to look at yesterday's open to intraday low.
Approx 41% of yesterday's volume went through $3.485 to $3.50.
Which is approx $3.492 VWAP.
Hence why I am parked at $3.50
macquarie, page-32
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Last
$1.84 |
Change
-0.053(2.77%) |
Mkt cap ! $1.484B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.86 | $1.84 | $1.567M | 847.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 180673 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 94281 | 30 |
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| Last trade - 11.36am 19/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |