IMO insto buying is a bullish sign. It is usually a sign of accumulation. Insto's don't place $M buy orders they split them and buy them using an autobot system.
If the insto slowly sells then this is bearish.
Sometimes after a period of time when you've seen constant buying or selling of small parcels a notice of "substantial holding" or "change in substantial holding" gets registered.
Let's see what happens.
cheers
Ange
IMO insto buying is a bullish sign. It is usually a sign of...
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Last
$1.95 |
Change
0.015(0.78%) |
Mkt cap ! $950.4M | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.96 | $1.90 | $741.9K | 384.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1960 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 1306 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| NGI (ASX) Chart |