THat sell off this morning was akin to a Bullish Hammer - a Candlestick chart pattern. Starts off high then falls to a certain low point then reverses back up again - usually over a whole day - but in today's case all happened within an hour or so.
There were 90 trades between 10.22am & 10.27am today - totalling 6.9m - ranging from 7.0 down to 6.5 and back up again to 6.9 - incl. 4 1.5m+ parcels spread across 58 of these 90 trades.
But don't be surprised if this sort of thing happens again in the next 2 weeks - whilst - imo - tax loss selling can expect to prevail - before ending on 28 June.
My sentiment? Buy - IF & when it does happen again - but you're most likely to need to be as watchful as a DT - i.e. nothing else to usefully do? GLTAH.
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $77.51M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.3¢ | $84.55K | 3.676M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34421 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 3315303 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34421 | 0.023 |
22 | 5116305 | 0.022 |
25 | 3319934 | 0.021 |
24 | 5987628 | 0.020 |
5 | 836060 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 3315303 | 16 |
0.025 | 1150000 | 4 |
0.026 | 915955 | 5 |
0.027 | 450000 | 2 |
0.028 | 1487208 | 8 |
Last trade - 12.58pm 01/08/2024 (20 minute delay) ? |
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MAY (ASX) Chart |