One way imo, to stop a stock range trading is to soak up the willing sellers/traders at the upper resistance (those who hope to buy back in cheaper) ..... then take it higher, rather than let it drift lower . It's what I think may happen soon at NDO. The buy depth wasn't fluffed at all today from what I saw, and the dynamic of the trades was very stable .
VWAP today was at previous chart resistance - approx 17 cents.
profit takers, page-8
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 (20min delay)
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Last
77.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
View Market Depth
| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |
Day chart unavailable