I think its called a "Flight To Safety" there is certainly nothing to be scared of looking at the current A2M chart - consumer staples particular the growth stocks always do well in volatile markets - They will however need to continue to under promise and over deliver , any sign of falling growth and they will get punished in this type of market.
I did a post on the America and Yank indexes showing where they are in relation to the 200 moving average - click here to view !
Chart below shows A2M with 200 EMA
Chart update, page-8571
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Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2420 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 37726 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |