Updated chart after trying to identify some more trends.
As mentioned previously the amount of shorts has increased post Half Yearly. Currently at 4.9M (0.31%) at 15/3/22, up from 700k (0.04%) on 1/3/22.
Lot's of games today and when you look at the current Sellers offer there's a bunch of 50K sells spread across different prices attempting to slow the price action after the bounce off today's low 0.58-0.585c. Will be interesting to see if shorts covered after hitting today's low.
The yellow lines = support & resistance.
Pink = price channel
If we can close around 0.62c then we stay in the current channel which we'd need to break around 0.65c to move above for a retest 70c.
SWM Chart, page-221
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $277.0M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $172.7K | 986.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 740360 | 17 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| SWM (ASX) Chart |