If you are going to follow Huntleys, you might as well buy and hold the index. Most blue-chips are buy, accumulate or hold according to Mr Huntley.
Having said that, it does provide some reassurance if you are going long.
It needs to crack 16.82 for shorts to seriously start covering. Then 16.92. I think there will be plenty of short stops at 16.83.
Time to start taking your profits shorties?
huntey's recommendation from etrade, page-8
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Last
$16.12 |
Change
0.060(0.37%) |
Mkt cap ! $24.02B | |||
| Open | High | Low | Value | Volume |
| $16.03 | $16.18 | $15.93 | $34.47M | 2.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 8950 | $16.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.12 | 3402 | 28 |
View Market Depth
| Last trade - 13.08pm 04/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |