A bottom isn't formed by bulls quitting.
That just establishes (or perpetuates) a downtrend
No. A bottom is formed when bulls refuse to quit!
There is no evidence of this happening. To the contrary - the long slow bleed has been going on for weeks!
Bulls are weakened, disorientated and utterly demoralised. There is no fight left in them.
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Last
$51.61 |
Change
1.520(3.03%) |
Mkt cap ! $21.00B | |||
| Open | High | Low | Value | Volume |
| $50.59 | $52.05 | $50.35 | $23.49M | 454.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3110 | $51.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.92 | 294 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |