A lot of retail holders have their stop loss at a whole number like 50c. The shorters know that. They will push the price to below 50c today. I think it's a strategy to push some stop loss trigger buttons.
after triggering the stop losses at 50c, they will then come back and hoover up the sell orders.
Maybe, if they are ruthless, they will continue to rinse and repeat at major stop loss technical intervals.
Media Reports, page-2308
-
- There are more pages in this discussion • 1,193 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 SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $243.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.5¢ | $703.0K | 2.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 211145 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 110000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |