G'day,
I am pleased with the consolidation process in action on SLX at the moment.
It is building solid support for the next go at $1.27.
Yesterday's fall was on low volume.
I am comfortable holding at the moment as I have spent a bit of time lately watching its trading.There is a large buyer(s) lurking around who a couple of times over the past week have taken big chuncks of stock, ie 1-200,000 at a time.
Orders are kept off screen.
Selling on the other hand is only small fry.
From what I can tell, they will probably show their hand again in the next few days.
In this environment therefore I am quite relaxed.
nice consolidation on a healthy chart
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 (20min delay)
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Last
$5.21 |
Change
0.055(1.07%) |
Mkt cap ! $1.219B | |||
| Open | High | Low | Value | Volume |
| $5.20 | $5.22 | $5.18 | $483.6K | 93.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 320 | $5.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.21 | 4219 | 18 |
View Market Depth
| Last trade - 11.01am 04/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |