ZNO 4.00% 2.6¢ zoono group limited

It's the Market Depth screen, and there is little reason to get...

  1. 1,009 Posts.
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    It's the Market Depth screen, and there is little reason to get wound-up about it.
    Rarely will market participants give their true intentions away by placing orders at the "true" levels, especially their intended sell levels. Any positions further than about 20% away from the top are either stale Bulls or Bears that didn't bother removing an unfilled order, or they're test balloons, placed to give you an impression - which is usually deceptive. As it's impossible to tell which is which, I only look at positions that are within a daily trading range.

    It is far more telling to watch actual transactions and take note of the direction: Does a buyer come from off-screen to buy the top offer? If so, do more offers come in or are any offers pulled and/or moved higher?
    And vice versa, when the top line of bids gets hit by a sell order...

    ZNO M-Depth 04-10-17.png

    As soon as I snapped the above depth screen, it was already obsolete.
 
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(20min delay)
Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $9.241M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $554 21.32K

Buyers (Bids)

No. Vol. Price($)
4 334384 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 41763 1
View Market Depth
Last trade - 15.10pm 15/11/2024 (20 minute delay) ?
ZNO (ASX) Chart
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