If you look at the trades at the bottom right where I have highlighted a single sell order of $17 @ 4.1. This is a clearly example of an attempt to trigger peoples stop losses (a potential for trading bots). Don't get suckered. These guys know what they are doing. If these shorters sell, at the ask book thickness, the price woul go up atleast 3-5 pips.
Not including that some of those sellers are fake/more shorts positions that will pull out if theres an upward trend.
If you look at the trades at the bottom right where I have...
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 (20min delay)
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $72.23M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $28.71K | 13.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 357 | 442689461 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 622532336 | 140 |
View Market Depth
| Last trade - 12.23pm 02/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |