As I have mentioned before I keep an eye on the US Biotech stocks and ETF $IBB listed on the Nasdaq - Overnight up another 1.5% quietly pushing up to over $310 up over 50% since the massive shakeout earlier this year
This money flow has been happening in the large caps in the ASX and will flow/is starting to flow down to the smaller caps
A look at the current 52 week highs for the ASX gives you an idea of which sector is performing strongest
$RHC
$CSL
$RMD
$SRX
$ANN
$HSO
I remember watching this the first time when the $XHJ broke out above the 10,000 mark in Aug 2012
IMO a good few months ahead for some of the smaller cap biotechs
Would be a great time for some news from ADO
Biotech Bull run
Add ADO (ASX) to my watchlist
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $23.42K | 1.233M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1142321 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 339684 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ADO (ASX) Chart |