Additionally, everyone runs trailing stops.
Today is a perfect example of everyone riding the rocket to the sky, and then having their stops all get triggered on the same day.
And bottom line is this stock is lucky if it's worth $1 on fundamentals.
What happened, page-13
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Last
$1.42 |
Change
-0.130(8.39%) |
Mkt cap ! $1.082B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.55 | $1.41 | $47.97M | 32.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 73667 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 12500 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |