this is an ANTI-FEAR post to explain via actual data from today's trade why we closed at 28c when the actual wAvg price of trade was 29.3c
- a sum total of $3.35K out of the day's traded value of $88.2K was traded at the 28c mark (chicken feed)
- all of the 28c trade took place in the 3pm hour
- the total traded of two days since the newsletter is barely over $200k
ask yourselves, is $3.5K worth of trade representative of what people valued the shares at today across the whole day's trade ?
We may still see 2.5c tomorrow or in days to come, on light trade again as holders with $500 or $1000 or even $2000 simply seek to quit.
The point being this is light trade and is not a rush for the doors, sure the last two days (as I mentioned above) have been slightly higher in volume, they're still middle of the road over all , and IMO we totally understand what has triggered that volume anyway. (the newsletter)
I also point out that RSI is approaching Oversold (ie < 30%), maybe that's what the scaremongering has wanted to achieve ?
And also be aware that the 2.5c BUYS seemed to slot in in readiness to snap up those quitting sellers.
"in data we trust"![]()
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $51.84M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 16.5¢ | $22.35K | 132.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10232 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 493826 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10232 | 0.170 |
3 | 65221 | 0.165 |
4 | 94440 | 0.160 |
1 | 4000 | 0.155 |
2 | 166117 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 473826 | 8 |
0.180 | 94131 | 7 |
0.185 | 39076 | 3 |
0.190 | 125144 | 3 |
0.195 | 19364 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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