I don't agree. The VWAP was 10.1c today, so the volume was not at the high or low but in the middle of today's trading range on average. A sell off would have easily pushed the price lower. Earlier this week the depth was only 300k shares total, now it is over 3 million. Monday you could have caused a 50% fall with a sell of 200k shares, today there was nearly seven million traded. If someone is trying to get out, someone is also trying to get in...
Let's look at the last few days volume:-
403,159 Monday
920,691 Tuesday
2,558,663 Wednesday
6,879,342 Thursday (Today)
It has more than doubled each day.
I'm tipping a rise for tomorrow...
Robert
I don't agree. The VWAP was 10.1c today, so the volume was not...
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Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.720M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9803 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 20000 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| ALB (ASX) Chart |
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