I think you're onto something here, despite the point you are trying to make (which I agree with). I think, or to be fair would speculate/hypothesize, the price action really speaks to what the market really consists of: predominantly holders, bots, and shorters, and THEN buyers (i.e. trying to get lower prices where possible). The staunch buyers are in first, and then it's just standard fare from there on out as i've outlined.
Holding up decently at $2.11/$2.12. Fingers crossed for trading and closing above $2.10 today, although I've probably spoken too early (knocks on wood).
MSB Trading - 2020, page-28
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 (20min delay)
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Last
$1.07 |
Change
-0.060(5.33%) |
Mkt cap ! $1.216B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.14 | $1.07 | $5.556M | 5.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 193123 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 300057 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.07 |
Change
-0.060 ( 5.22 %) |
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| Open | High | Low | Volume | ||
| $1.13 | $1.14 | $1.07 | 1328053 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| MSB (ASX) Chart |