Chart wise, like everyone is saying, this thing could go either way. For the past couple of months, I looked at JBH as a perfect short anytime it came near $14. There was no way a stock such as JBH could be going up and trading around $14. And so far its been a good trade. So it has come near the $14 mark again and people are wondering if its another short. I think yes, however there are a couple of differences this time. 1. the AUD is much stronger now, which is a plus to its bottom line and 2. the economic data looks to be turning around.
Even with these two key differences, the future for JBH isn't the greatest and I believe the $14 mark will be tested, the steam loss and it will head down again.
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Last
$80.59 |
Change
-0.450(0.56%) |
Mkt cap ! $8.807B |
Open | High | Low | Value | Volume |
$81.04 | $81.09 | $80.03 | $3.963M | 49.20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 255 | $80.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$80.59 | 4 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 306 | 80.550 |
4 | 59 | 80.540 |
3 | 78 | 80.530 |
3 | 78 | 80.520 |
1 | 25 | 80.510 |
Price($) | Vol. | No. |
---|---|---|
80.590 | 4 | 3 |
80.600 | 1 | 1 |
80.610 | 87 | 3 |
80.620 | 18 | 2 |
80.630 | 79 | 2 |
Last trade - 12.58pm 03/10/2024 (20 minute delay) ? |
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JBH (ASX) Chart |