STO 1.28% $7.92 santos limited

Virginia,What I have notice over the past couple of weeks, is...

  1. 975 Posts.
    Virginia,

    What I have notice over the past couple of weeks, is that the sell side numbers doesn't seem to greatly affect the up or down movement. But the buy side does.

    If the buy side is between 300,000 and 400,000, then sentiment is pretty neutral. When the number increases to over 450,000 and beyond 500,000, then the price starts to move up rapidly and some big orders go through.
    Though, that extra 100,000 or so orders are nowhere near the mark. They way down list.
    Conversely, when the buy side drops below 300,000, nearing 200,000, the price moves down rapidly, and we see (most likely) stop loss orders getting triggered.

    I sold my trading parcel last Tuesday morning for $14.02, because I thought it had hit its peak for the week, hoping it would drop back to below $13.70 for a re-entry
    Still, it may go lower next week if the European and American markets don't fair to well tonight.

    Cheers
    --Dan
 
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Last
$7.92
Change
0.100(1.28%)
Mkt cap ! $25.72B
Open High Low Value Volume
$7.90 $7.99 $7.86 $70.91M 8.945M

Buyers (Bids)

No. Vol. Price($)
5 103131 $7.92
 

Sellers (Offers)

Price($) Vol. No.
$7.93 3783 1
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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