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.
It is not unusual for SP to drop below a support to trigger stop...
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Last
$1.29 |
Change
0.025(1.98%) |
Mkt cap ! $1.436B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.30 | $1.24 | $5.320M | 4.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 101413 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 120635 | 55 |
View Market Depth
| Last trade - 12.55pm 21/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.025 ( 1.68 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.30 | $1.24 | 1718571 | ||
| Last updated 13.15pm 21/05/2024 ? | |||||
| ZIP (ASX) Chart |