I reckon that gap is being played by BEOT now to catch out the last of the retail shorters. They always come in late thinking an easy trade to short to gap. BEOT are not dependent on it to get their fill for the move up as it will not generate enough volume. That's why they are probably absorbing all the chump shorters, atm. Much bigger volume over a period. They will pick up those retail chump shorters as they push this up so quickly they won't know why their stops were hit so quickly. They might then go for the gap.
PLS chart, page-11446
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Last
$3.02 |
Change
-0.060(1.95%) |
Mkt cap ! $8.893B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.11 | $2.93 | $79.15M | 26.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 304646 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 345471 | 54 |
View Market Depth
| Last trade - 15.06pm 02/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |