That's the thing Tangible... It is pushed down on low volume...
It doesn't take them many shares to push it down and get others to follow and trigger stop losses.. They then buy and accumulate and keep the share price low causing nervous holders to lower their sell price closer to the action... Then the accumulators start moving back up and take out the nervous sellers for less than what they wanted to sell for... That is what they do on high volume.. By then most nervous holders are just happy to get their money back and sell into the rise in price...
My thoughts on it anyway....
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Mkt cap ! $1.673M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 24259 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 75641 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 24259 | 0.062 |
2 | 20400 | 0.060 |
1 | 82000 | 0.057 |
1 | 55000 | 0.053 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 75641 | 1 |
0.105 | 1524 | 1 |
0.175 | 22450 | 1 |
0.180 | 30000 | 1 |
0.190 | 29137 | 1 |
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