MPunt, some news would be great now, Parsons would be good but prefer Bargou farmout, however I suspect govt redtape slowing that.
Mr Gordon, agree looking pretty solid now, but I am no tealeaf reader. For the tealeaf readers however I will note the sp held firm at the retest of 43.5. Last time it went to 43.5 it tested and held there 3 out of 4 consequetive days, perhaps one is enough this time! Regardless, tells me 43.5 is the marker in the sand, and as you say would take a lot to push it further down.
That should be giving those that go by charts rather than fundamentals a lot of confidence to buy with little downside risk. Hence imo a decent little bounce is due before some good news, the QR at latest.
No more buying COE for me, no leverage, and my last pigout at 44 gave my ML indigestion when the market turned. Found some funds for an even better bargain today - the once mighty but now fallen OX.
Lets hope someone notices the poo, and that COE is oozing, and can put the two together, before Wall Street spits the dummy again. Hard to see how the yanks could come straight back from their holiday, hopefully with a full dose of serotonin, and spit the dummy again - unless someone (eg Iran) stamps on their toes over the weekend.
EL
EL
breakout at last, page-3
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $594.0M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $593.7K | 2.672M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 290435 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 205975 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |