Hello Mr subtle but not insignificant.
I appreciate your post .
Coincidentally that’s me down there at the support line.
I do not expect the order to be filled although I just read the eager buying yesterday was more than 70% from shorters obviously enjoying having some higher prices to sell into.https://www.shortman.com.au/stock?q=Nwh
(They sold 1,144,088 shares of 1,627,437 traded - highest volume since the day before the December 19 price crash - so there may be at least a million of them wandering around at the moment anticipating another dump ?)
I also notice on the bid board there has been a change;
NWH’s roving ‘line marker’ umpiring price with two orders in the last several weeks has divested themselves of about 15,000 shares.
Previously the always-out-of-reach buy orders and sell orders were for around 57,000 and 59,000 shares but now the bid is for 42,000 plus - just over the lower support line at $1.595, and the sell for 43,000 plus is sitting 2.5 cents over your $1.67 resistance level.
So I guess with a horde of shorted shares out there waiting to close (as low as possible?) and not so much volume in front bar the fake bid, my order will be a sitting duck once they move the ‘decoy’ (which they have now bumped up to $1.62 ) .
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Last
$3.95 |
Change
0.030(0.77%) |
Mkt cap ! $1.574B |
Open | High | Low | Value | Volume |
$3.97 | $3.98 | $3.92 | $2.104M | 533.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 14160 | $3.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.95 | 10387 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5058 | 2.370 |
4 | 18795 | 2.360 |
4 | 37687 | 2.350 |
1 | 7879 | 2.340 |
3 | 24992 | 2.330 |
Price($) | Vol. | No. |
---|---|---|
2.390 | 11634 | 3 |
2.400 | 71958 | 7 |
2.410 | 16085 | 2 |
2.420 | 19941 | 3 |
2.460 | 816 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
NWH (ASX) Chart |