In this scenario, a trader has access to both buy and sell offers for Maybank Bhd stock. Currently, Maybank stock is trading at RM9.68, with approximately 200 bid and ask orders pending.
The bid price represents the highest price a buyer is willing to pay for one lot of shares. A trader can place a sell order at the best bid price (RM9.67) and await order matching.
The ask price indicates the lowest price a seller will accept for one lot of shares. A trader can place a buy order at the best ask price (RM9.68) and await order matching.
When the ask volume queue increases, traders can expect strong buying volume, which may lead to an upward movement in price due to the higher buy order queue at the ask price column. With access to more market depth data, traders can analyze trading activities more comprehensively, enabling them to make informed decisions and predict future price movements more accurately.
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Disclaimer:
The content is provided as general information only and should not be taken as investment advice. All the
contents shall not be taken as a recommendation to buy or sell any security or financial instruments. Any
action you take resulting from information, analysis, or commentary on this article is your
responsibility.
Please consult your investment advisor before making any investments.
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This page is machine-translated. M+ Global tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.