It is not unusual for SP to drop below a support to trigger stop losses. And today's drop just shows buyers are willing to jump in at these price levels. VWAP for today sits at 5.49. if not for the general market dropping further, imo the SP would settle soon and go range bound.
dyor.
TA & charts, page-1110
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 (20min delay)
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Last
$1.15 |
Change
-0.070(5.74%) |
Mkt cap ! $1.288B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.15 | $20.57M | 17.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 746060 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 17735 | 4 |
View Market Depth
| Last trade - 16.10pm 24/04/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.070 ( 3.72 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.25 | $1.16 | 5299742 | ||
| Last updated 15.59pm 24/04/2024 ? | |||||
| ZIP (ASX) Chart |