Interesting action Peppie.
Have a look at the buy order detail at various buy price points, its littered with a number of significant buying volumes 10,20, 30 and 50 thousands orders. It gives the appearance of significant support for any attempt at a run down in price. I suspect almost half of these are placed by our shorter mate. At the right time they all could be pulled.
Then with some half serious selling volumes it could wipe through the remaining buy orders prices and knock a number of cents off the current price of 1.415. If stop loss trades are triggered then some big trades may be made at the 1.39, 1.38 and the 1.37 mark.
That's how they work. Its pure speculation on my point, but that's what I do, watch.
The next hour could be interesting.
- Forums
- ASX - By Stock
- TFC
- Working TFC over on small volumes - Their playing again
Working TFC over on small volumes - Their playing again, page-10
-
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TFC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online