yeah, shorts are all over it again.
They will stop and let it recover and then do it all over again. normally a fortnightly cycle.
One major positive is that each spike has a higher high and a higher low, so technically if you look at the 3 monthly chart we are still in an up-trend. Draw the trend lines in and see for yourself.
But yes, definitely being shorted and will continue you to do so until a higher U price scares them off :)
Dont worry too much about it, just the way it is these days and normally ends in shorters getting a rocket up them.. just look at FMG and LNC in the last 12 months.
Cheers
D85
what is going on?, page-3
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Last
$12.86 |
Change
-0.570(4.24%) |
Mkt cap ! $3.844B | |||
| Open | High | Low | Value | Volume |
| $13.18 | $13.20 | $12.82 | $30.42M | 2.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8370 | $12.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.87 | 9155 | 2 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |