I am just curious about the action.Yesterday seems it hit the...

  1. 579 Posts.
    lightbulb Created with Sketch. 46
    I am just curious about the action.

    Yesterday seems it hit the strong resistance range (0.25c back to Feb) and about to fall down hard and maybe retest later.

    Today it's totally turned around.

    My take it that the volume is not big enough. So one SH's action can make the price drop significantly.
    Or the other possibility is that they want to create a fake trend and induce the price to go lower and accumulate. But this doesn't make sense to me. As we saw, the buyers were stacked pre market.

    Can some experts explain?
    Cheers
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
15.5¢
Change
0.000(0.00%)
Mkt cap ! $34.11M
Open High Low Value Volume
15.0¢ 15.5¢ 15.0¢ $1.52K 10.03K

Buyers (Bids)

No. Vol. Price($)
1 1684 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 4981 2
View Market Depth
Last trade - 14.51pm 20/06/2025 (20 minute delay) ?
XF1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.