@ mrspeculator
The depth is looking pretty bare, and looks to be sliming abit each day. This is often a big sign of the end phases of short cycles.
does anyone remember what the depth looked like before the latest cib news (and short cycle)?
$2.70 is in reach, but $2.50 just seems to far away. like it doesnt seem to have the traffic for it, plus they are already 4 weeks in on a already exhausted stock. They may have to settle for somewhere between 2.60 - 2.80. but if they are going to do another around of 4 weeks, then sure. if it breaches $2.50 getting close to $2 might be pretty fast. i hate being caught in midst of a short cycle while i am unprepared, but i must admit i enjoy observing it in action, the mechanics and science of it intrigues me.
@ mrspeculatorThe depth is looking pretty bare, and looks to be...
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Last
63.0¢ |
Change
0.005(0.80%) |
Mkt cap ! $237.6M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 64.3¢ | 62.0¢ | $350.3K | 555.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1310 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| EML (ASX) Chart |