it might open heaps lower then start to recover a bit.
But the confidence could be gone now. it will take time for it to come back.
Stocks will rally of course, if nothing else then because people cover their shorts.
When it does rally sell. Any rally won't last very long as confidence is down. People will be scared holding stocks too long.
Think about it, *if* stocks will make new 52 week lows they have a loooooooong way to fall yet.
That'd mean a stock like BHP below $11. yikes
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$63.84 |
Change
-0.070(0.11%) |
Mkt cap ! $12.37B |
Open | High | Low | Value | Volume |
$63.88 | $63.92 | $62.85 | $12.79M | 201.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14 | $63.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$63.86 | 2974 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 63.200 |
1 | 1000 | 62.950 |
1 | 1000 | 62.900 |
1 | 470 | 62.700 |
2 | 550 | 62.680 |
Price($) | Vol. | No. |
---|---|---|
63.920 | 929 | 1 |
64.000 | 659 | 5 |
64.100 | 578 | 1 |
64.200 | 705 | 1 |
64.400 | 141 | 1 |
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