Hi @cha yes it wasn't totally unexpected. The smart money leave their footprints all over the market if you know what to look for in the "volume entrails".
The takeaway lesson is, "they" have their fingers in so may pies at any one time, that they can afford to play the "long game" on any one particular stock as they accumulate for the long haul. In comparison, the average punter has the attention span of a gnat and when their chosen stock hasn't doubled in a few months they more on to the next "hot stock".
It's easy to see why 90% of the punters lose money.
Hi @cha yes it wasn't totally unexpected. The smart money leave...
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Last
2,976.3 |
Change
3.700(0.12%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,972.6 | 2,984.5 | 2,964.8 |
| XSO (ASX) Chart |