AGE 0.00% 4.6¢ alligator energy limited

Looking at the market depth there are 17M on the buy side from...

  1. 1,283 Posts.
    lightbulb Created with Sketch. 485
    Looking at the market depth there are 17M on the buy side from 7c to the bid. On the Sell side we have 36M on offer up to 12c so we have twice as many sellers as buyers in that price range.

    Obviously the bid and offer market is a lot more than above which also only uses the ASX market depth as a guide. Those with orders in outside the aforementioned range are just there to make up the numbers imo.

    AGE will need a catalyst to push back up thru 10c as the trade is getting tired atm, that's why I sold out today at 10c. There maybe a period of consolidation before the next leg up or the traders may exit and move onto the next play. If the market depth gets heavily in favour of the sellers and there is a rush for the exit all bets are off.
 
watchlist Created with Sketch. Add AGE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.