there's always a possibility, I just find it rather risky to open a short position at this juncture of the price cycle when the background momentum had picked up ie.
and by opening the short positions on a Friday, they are literally carrying it over the weekend. the volume preceding this decline does worry me a bit, I'd rather a backtest in this region on low volume. I noticed a biggish buy wall at $1.50, well if the sp got that far down there means that the backtest had fail anyway.
TLG Chart, page-2237
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Last
55.5¢ |
Change
0.010(1.83%) |
Mkt cap ! $210.7M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 56.5¢ | 53.8¢ | $187.9K | 340.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 83393 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 34125 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |