PSC 4.30% 9.7¢ prospect resources limited

Regardless of right or wrong, my interpretation is that it seems...

  1. 2,934 Posts.
    lightbulb Created with Sketch. 16
    Regardless of right or wrong, my interpretation is that it seems someone (or some people) is intentionally lowering SP especially at the closing by putting multiple buying orders with more than seller's lowest expected execution price, and then pulling back orders just before a second or tow closing market to make lower price execution.

    It seems they are not trading brokers showed at 'market data' or so but intentionally accumulating at lower price continuously. I suspect yesterday definitely and today highly likely as well. Capacity with at least easily can put buy orders 5m shares (equals about $100,000 worth of ). Retail investors point of view, this is totally bull of sheet situation for a short term approach. On the other hand, it is good evidence of company's future prospect for a longer term as such intention and efforts were paying to accumulate more and more.

    About, technical analysis, as long as it is very positive, better not do post on here. We are investing or trading shares for mainly company's promising prospect. Something like buying very promising early start-up company without any positive cash generating now but for bright future perspective.

    Regards,
 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
(20min delay)
Last
9.7¢
Change
0.004(4.30%)
Mkt cap ! $55.45M
Open High Low Value Volume
9.6¢ 9.8¢ 9.4¢ $15.98K 166.4K

Buyers (Bids)

No. Vol. Price($)
1 7742 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.8¢ 19979 1
View Market Depth
Last trade - 15.32pm 18/11/2024 (20 minute delay) ?
PSC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.