Closed on the low due to the last 3 trades in the aftermarket auction.
Volume is the other side of the equation you need.
On each push down on LOW volume, has been followed by increased buying activity the following days.
This is why we have a market, there are always buyers & sellers
If CLA is the smelly fish & people are inthe know they will exit for the door & take what ever the bid are. Volume selling will overcome buying & the price will fall. But we are not seeing that.
It looks like selling is being absorbed.
CLA chart, page-3206
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 (20min delay)
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $33.02K | 3.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3347195 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4276374 | 8 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |
