Big short position taken around 62c. Temp price push to around 65c. More short positions would have been opened. very obvious pattern. Now they are triggering the stop losses and pushing things down. they probably try and cover around 53-55c if they can push it down more from here. Question is will people sell out in fear, like the last time. with BP raising their price target i don't think experienced people will sellout like in the previous push down cycle. We might hit support above 55c. 59c is where institutional investors came on board. So if a retail investor can get in below that wouldn't that be a bargain. GLTAH
Shorts, page-62
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Last
$2.80 |
Change
-0.030(1.06%) |
Mkt cap ! $197.1M | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.89 | $2.80 | $299.8K | 105.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3700 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 10724 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| AVH (ASX) Chart |