Trader stop losses being hit and general risk-off sentiment across the market. When people see an ocean of red before them, they lose all context, forget their investment plans, and move with the herd. I guarantee you, the vast majority of sellers are not doing so because they think the outlook has changed for the company. They are either selling everything indiscriminately or they are betting on a continued downtrend so they can buy in at a lower price.
Trader stop losses being hit and general risk-off sentiment...
Add TLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
72.0¢ |
Change
-0.010(1.37%) |
Mkt cap ! $277.2M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.0¢ | 72.0¢ | $15.24K | 21.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15762 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 9506 | 5 |
View Market Depth
| Last trade - 10.23am 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
71.5¢ |
Change
-0.010 ( 0.14 %) |
||||
| Open | High | Low | Volume | ||
| 72.0¢ | 72.5¢ | 71.5¢ | 18765 | ||
| Last updated 10.43am 02/05/2024 ? | |||||
| TLG (ASX) Chart |