SPL
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1.11% 9.1¢ starpharma holdings limited

this is not about fundamentals it’s about the psychological...

  1. phantom8
    882 Posts.
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    07/06/21
    17:43
    Post #: 53697849
    this is not about fundamentals it’s about the psychological behaviour of investors.

    the hft traders are testing the resolve of investors .investor behaviour has a tendency to not like small continuing losses and hence they exit which is exactly what we are seeing here .


    low vol tick down behaviour achieves the walk down


    no new buyers hence the price action

    try to ignore it
    SPL Price at posting: $1.61 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
9.1¢ 		Change
0.001(1.11%) 		Mkt cap ! $37.49M
Open High Low Value Volume
9.1¢ 9.3¢ 8.9¢ $196.0K 2.178M

Buyers (Bids)

No. Vol. Price($)
1 164414 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 15150 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SPL (ASX) Chart
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