cotton
can't disagree with any of your thoughts.
now including this morn 10 of 11 days opens up about 1 perfect and sells of in 15 mins with lower highs.
If the trend is your friend, the shorts have a very good friend.
in addition, low volume and lack of any news from the company( your point 3, I'd argue that's far more bad than good) it breeds this type of trad ing and does every yr.
I'm not sure where the buyers are lurking, but I'd bet over the past 11 days short sales have outnumbered longs.( on volume)
I have seen this many times in March with us, just not as prolonged.
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Last
$5.75 |
Change
0.020(0.35%) |
Mkt cap ! $3.808B |
Open | High | Low | Value | Volume |
$5.73 | $5.80 | $5.68 | $10.87M | 1.892M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 14521 | $5.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.76 | 15381 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | 5.630 |
6 | 17273 | 5.610 |
4 | 33072 | 5.600 |
4 | 20359 | 5.590 |
2 | 7656 | 5.580 |
Price($) | Vol. | No. |
---|---|---|
5.650 | 7091 | 2 |
5.670 | 9037 | 3 |
5.680 | 9833 | 4 |
5.690 | 6747 | 2 |
5.700 | 8222 | 4 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
A2M (ASX) Chart |