I'm hoping for 15c,sid so there's some "fat" for the 1/2 cent turnover kings to take tomorrow[Friday],keeping 13 as support. The Market Depth of ASK at the moment is a bit "daunting",probably only News would shake them to withdrawing or get them Taken out. I reckon Market Depth availability and if one can "read" it is one of the Most Significant developments for New Retail Investors/Traders.It gives the "New" an edge over the old long time investors of the past[say they who have been in it since the 70's]
Yesterday's 15k at Close isn't so much a worry but I get concerned intra day when a single paltry transaction "flickers" the price eg some 1,000 shares hits the ask when all day it[the action]has been hitting the bid.It's the irrelevant number,too low even for a BankCard Trader to Buy!!
Anyway,Market Depth watching can be delusional,ethereal. Obviously because there's mostly Off/From Left Field transactions hitting the Bid/Ask. Trying to get some inkling of what's happening,making some judgement from Depth is ethereal because some of one's conclusions are like you're on Ether!!
cheers.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
