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fbotha

308 Posts.

19/01/16

20:49

Post #: 16827785
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Originally posted by Torpy ↑

Good old tree shake. Same thing today down to only 83 though before bouncing to 90.
I have heard that the instos can see where the stops are placed by online retailers. Therefore if its in their interest they can sell down a few shares, trigger the stops, and be waiting beneath to catch the falling fruit (replacing the shares they sold earlier at a slightly higher price). From there, they can slowly accumulate more during the day at a lower price than they would have been able to. These last two trading days (among others) look like this accumulation behaviour to me. Its a good thing to see (as long as you don't have stops set!).

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Thanks Torpy, good to have guys like you looking after the shop.

AMA Price at posting: 90.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.1¢		Change -0.005(7.58%)		Mkt cap ! $286.9M

Open	High	Low	Value	Volume
6.6¢	6.6¢	6.1¢	$585.7K	9.331M

Buyers (Bids)

No.	Vol.	Price($)
5	799857	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	63150	3

View Market Depth

No.	Vol.	Price($)
4	59761	1.050
3	2596	1.045
3	3726	1.040
2	2898	1.035
1	50000	1.030

Price($)	Vol.	No.
1.055	77023	3
1.060	53603	4
1.065	51503	3
1.070	2503	1
1.080	1158	1

Last trade - 14.35pm 26/11/2024 (20 minute delay)

AMA (ASX) Chart