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,
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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($) | Vol. | No. |
---|---|---|
9.8¢ | 19979 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7742 | 0.097 |
2 | 125000 | 0.095 |
1 | 95872 | 0.094 |
1 | 103750 | 0.092 |
1 | 180088 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 19979 | 1 |
0.100 | 28975 | 2 |
0.105 | 75000 | 1 |
0.110 | 311763 | 5 |
0.115 | 172940 | 2 |
Last trade - 15.32pm 18/11/2024 (20 minute delay) ? |
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