Niqo, bit busy atm watching the intraday action to see if this is simply supply or absorbing
I highly recommend that you take the time and read some info about the TA that we do, it certainly will answer a lot of your queries, also forget about the 2nd bar rule it is too confusing for the average trader/investor to follow
it has many variables and if you do not understand basic chart reading (as it appears you dont) it will get one into trouble
P.S. stalled at 78.5cent level and big volume appeared, have to watch to see if its absorbing ie. happy to buy or its simply more supply being offloaded
will be watching for any minor retrace inside the high volume upbars of the recent hour or so, watching for bullish activity to occur within them
short selling, page-15
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Last
$6.23 |
Change
-0.180(2.81%) |
Mkt cap ! $5.823B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.23 | $15.33M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 18426 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 7550 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |