No charts necessary here. Price is driven down professionally.
1. Place large sell orders at mid point.
2. Wait for dip buyers finish buying the next line down.
3. Move the midpoint sell order down.
Keep repeating. Drag down the price until all stops are hit.
Easy short!
Don't know why this is legal. But it's apparent. If you're short take note of this behaviour/pattern.
PLS chart, page-277
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Last
$3.20 |
Change
-0.020(0.62%) |
Mkt cap ! $9.631B | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.23 | $3.18 | $79.04M | 24.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $3.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.21 | 493680 | 10 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |