Deltalady - a few hints
ASX is down today - the volume on this stock is low which means that it is probably a dead cat bounce with day traders simply going along for the ride - it is past the 11.30 where day traders start selling on such a rally - i expect a pullback based on the chart of only being up 8-10% by the close today - so tomorrow afternoon might be worth the time to get in - it should move down another 2% tomorrow and then up 5% on monday.
Yes it is a moderate dead cat bounce - id either wait or look elsewhere - it isnt likley to charge much hgiher and if you look at the market depth you will see sellers building up which will act as a price suppression effect as buyers pull out or back to lower levels then the selloff and profit taking begins.
Deltalady - a few hintsASX is down today - the volume on this...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $7 | 2.454K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 18738002 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12408157 | 22 |
View Market Depth
| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |