Its pretty simple…at the moment the number is around 4.25, this triggers the traders to take their margin, meet their targets and wait for their second position to return them more coin on the other side of the trade …rinse and repeat its called....very very smart.... while the schmucks see the run up and pour in more coin (fomo)
why is this happening ....there is no risk or opportunity at the moment
(no volatility - this is why charts are rubbish)
this is bread and butter stuff .....feeding off the fomo and the fact that at the moment there are eager buyers and sellers at every price....fair value is 3.65 to 3.80 no matter how much you wish it was more....hahahaha
just sayin
Next stop $5, page-48
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Last
$1.80 |
Change
0.105(6.19%) |
Mkt cap ! $2.278B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.86 | $1.72 | $46.47M | 25.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 74441 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 4258 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |