I think its similar to what happened on Tuesday-stop loss triggers. Most would have set theirs near the 50DMA, and its pierced through, and eaten them up. Thats what these funds do. Breaking the 50DMA is new territory. Ive got about 8.30 as the bottom of my trend channel. However, i think it was necessary to have such a breather - following the waves of the recent uptrends, a pullback to this level is perfect to match new results to begin another rise upwards. This is necessary for more sp gains.
I think its similar to what happened on Tuesday-stop loss...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $47.68K | 5.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6370837 | 8 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| EXT (ASX) Chart |