PTX 7.32% 4.4¢ prescient therapeutics limited

updated chart, page-1627

  1. 220 Posts.
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    The bot has been doing exactly this for a while.

    It gets knocked out of the game during periods of more volume, but it's been chipping the price down for a while now.

    It's an algo design that bases it's movements on weighted volume, so it will automatically sell into the bid price at a per determined interval underneath a certain volume/time period.

    usually every 30 - 90 odd seconds as that gives the illusion of more volume for others looking only at # of trades.

    Very common, very annoying...

    It's pretty oversold now under under the VWAP, if your looking at charts there's an argument for a B (ABC)wave correction but I'm still keeping an eye on the 200 EMA as a big deal...
    Last edited by Lurker99: 26/11/21
 
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8 216927 4.0¢
 

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4.4¢ 238807 2
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PTX (ASX) Chart
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