It is true it is a common practice by the big trader to push the sp below the previous low to wipe out stop-losses. That is why I thought it would go lower than $3.70 on 26 April. But it could only reach $3.73 after which the sp bounced. So I think 5% lower is too big a target for this last gasp stage of this phase. But if it does drop 5% as you anticipate, then this accumulation phase will go on much longer.
This time I only give 4 cents tolerance out of $4 for my buy orders.
It is true it is a common practice by the big trader to push the...
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Last
$3.23 |
Change
0.080(2.54%) |
Mkt cap ! $9.721B | |||
| Open | High | Low | Value | Volume |
| $3.11 | $3.26 | $3.07 | $138.0M | 43.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 247485 | $3.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.23 | 265073 | 5 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |