In fact, low volume is a GOOD sign during downtrend.
It means the ludicrous supply has dried up and people are currently waiting for the reversal after absorbing the volume at around 2c.
Experienced traders will definitely agree that low2c is a safe bet for a punt or even average down
Although im 99% sure that downtrend has ended, we still need a confirmation next week with an engulfing candle. Hopefully by tuesday.
In fact, low volume is a GOOD sign during downtrend. It means...
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.862M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 88627 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 2817 | 1 |
View Market Depth
| Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
| OAK (ASX) Chart |
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