One answer is that this is a Darvas type move. Darvas came up with the idea that third close above a low was the time to enter with a stop below the low. Of course we all want to get in early and not miss out and then we dont take stops anyway.
PAB chart, page-2
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $12.34M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $8.1K | 2.025M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 25953124 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8819045 | 15 |
View Market Depth
| Last trade - 13.29pm 25/11/2024 (20 minute delay) ? |
| PAB (ASX) Chart |
