I actually think there is a trade coming up in EML. The short interest is almost at an all time high with 40% of the trades on Thursday being short trades. Things to consider are 1. Tax loss selling 2. Acquisition announcements. 3. Directors buying on market. Negatives and positives. Chart looks horrible. If it gets to $1.10 and there is a positive acquisition announcement then could be a nice little short covering rally to trade to $1.25/$1.30.
I actually think there is a trade coming up in EML. The short...
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 (20min delay)
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Last
$1.01 |
Change
0.025(2.54%) |
Mkt cap ! $252.1M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | $1.03 | 98.5¢ | $4.678M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 4414 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EML (ASX) Chart |
