RE:RE:RE:VolumeYou may be right on the reversal but 150K volume is not low for CZX.
I'm tracking the volume and the top 25% percentile for the last three month is 183K. It's has not breached it but it is certainly hovering above the average (153K), yesterday was 141K.
Anyways, don't mean to be academic here but I not sure if we're out yet.
To your point, there seems to be some hesitation on the selling now but there still some dumping which is why I have a cheap stink bid to round off my position yet again.
I've thought about it over and I think that even if there is lower demand, we still have a good asset that is undervalued. That news caught me by surprise on Monday but I'm over it now.
Aeterna wrote: The PP explains the increase of SP today, definitely. But no sellers between 32 cents and 34.5 cents for 10 minutes says it all. If people wanted to sell so bad, you'll have had orders on the ask every half cent.
Makes me think the reversal has already started, or will start very soon. Don't forget SP has increased on low volume as well. Less than 150K today, that's nothing.
GLTAL