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...
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $33.82M |
Open | High | Low | Value | Volume |
4.1¢ | 4.3¢ | 4.1¢ | $27.29K | 650.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 74314 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 57451 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 74314 | 0.041 |
7 | 820840 | 0.040 |
6 | 547589 | 0.039 |
3 | 86160 | 0.038 |
4 | 470000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 57451 | 1 |
0.044 | 500000 | 1 |
0.045 | 895951 | 8 |
0.046 | 13200 | 1 |
0.047 | 525000 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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PTX (ASX) Chart |