"Until we get a ratio of 4 buyers to 1 seller its going to be hard to move up"
Of course, it's all about patience. The trend IS clearly upward and buying on the dips is useful. Otherwise just buy. Either way you win.
But I think I have noticed this pattern of 4 buyers to 1 seller being the necessary pressure to bust a resistance line. Does this theory hold any water?
Anyone care to comment?
"Until we get a ratio of 4 buyers to 1 seller its going to be...
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123970 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 15148 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |