Hello Ogorki,
A single $26.58 trade into 1.5, outside of the support of 1.6, is what is called a "stop loss trigger". You can use the new and upcoming tool called "Google" to research this.
On spec listings with a bearish stint like this, SLT's are incredibly effective for accumulation. For people with the correct lens, and who watch the trading in detail, this can also be seen as a ripper of a buy signal. Uncannily and by sheer chance (amazing i know), we have had the most percentage increase positive day of trading in a month, directly after this buy signal.
There is no magic or mystery around this and it is often very transparent (today included), but I am glad I managed to give you some joy and laughter today. Life is short. Happiness is true wealth
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Hello Ogorki,A single $26.58 trade into 1.5, outside of the...
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $24.52M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 24.0¢ | $25.83K | 105.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 40002 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 2903 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 40002 | 0.240 |
4 | 42055 | 0.235 |
3 | 38500 | 0.230 |
2 | 63636 | 0.220 |
1 | 2000 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 2903 | 1 |
0.270 | 4162 | 1 |
0.275 | 4318 | 1 |
0.280 | 207562 | 3 |
0.290 | 104281 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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MGT (ASX) Chart |