Strange physchology. People will sell into a lower pip like 0.006 rather than stack it on 0.006 when the share price is trading at 0.005. Why? I believe it is because they are addicted to an instant gratification by seeing the trade executed. They buy at 0.004 or 0.005, see the buy side stacked at 0.006 and their greed gets the better of them. Why not stack it at 0.007 and play the short term waiting game. If the price retreats you are no worse off than yesterday or the day you bought, assuming you are making a profit in the trade.
If that is you, then really you should not be trading.
Happy to help.
Strange physchology. People will sell into a lower pip like...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.284M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $25.48K | 4.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 8269860 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3500000 | 5 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
0.000 ( 7.69 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 346131 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| CCO (ASX) Chart |