PLS 12.5% $2.66 pilbara minerals limited

I hope people can now clearly see the difference between a...

  1. 264 Posts.
    I hope people can now clearly see the difference between a selling and buying bot.
    It is a very useful pointer.
    When you see bots buying 50 shares that is a buying bot.
    It is designed to hold the price at the low bid and tempt buyers into the higher sell price.
    It accumulates almost nothing in sells but will pounce when enough buyers are there.
    It also is usually less frequent
    Share price will often go eventually up when a buying bot is active

    When you see drip feeds of 500 to 1000 shares every minute or so that is the selling bot.
    They can offload around 200K of shares per hour without registering panic.
    Shares will usually eventually drop when a selling bot is active.
    At a certain level they will stop and wait for a spike up before recommencing

    Bots are no issue if you understand what they are doing.
    Buying bot was active this morning and you see the result.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.66
Change
0.295(12.5%)
Mkt cap ! $8.115B
Open High Low Value Volume
$2.55 $2.77 $2.53 $136.4M 51.29M

Buyers (Bids)

No. Vol. Price($)
81 482108 $2.65
 

Sellers (Offers)

Price($) Vol. No.
$2.66 247884 72
View Market Depth
Last trade - 15.20pm 11/09/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.