Trade volume of 0.384 billion shares on 29th February 2024, with average price of 2.6 and turnover ratio of 10%. Afterwards, it continued to rise sharply, indicating that block orders have finished accumulating and pushing up, then a drop back to this area, where a stop-drop reversal signal appears, indicating a strong resistance should be around this area. There is a possibility of stopping the drop and rebounding, let's wait for the breakthrough signal.
MartinChew : Bro, can show how do you calculate this? Wanted to learn more.
胡空 HuKong OP MartinChew : Not clear enaugh? You go see 29th Feb price and vol
胡空 HuKong OP MartinChew : Huge Vol 3.82mil at Low2.52-High2.68, Average 2.6. So this becomes Support or resistance price.