CZL 0.00% 4.8¢ consolidated zinc limited

CZL - charts, timing, just bought., page-29

  1. 672 Posts.
    Definitely a big change in the buying depth, good to see the bid very heavy at 41, however, I would approach this with a grain of salt and remain skeptical of possible spoofing orders at 41, and even more likely at 40.

    The spread is as tight as possible at 1 tick, I don't see the point of today's new orders lining up at 40 behind that massive 41 when you can hit 42, unless it's fake.

    Besides all that, still likely a good amount of buyers at 40-41 are real orders, and hopefully that alone may be enough to hold off a decent amount of selling.
 
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