A bottom isn't formed by bulls quitting.
That just establishes (or perpetuates) a downtrend
No. A bottom is formed when bulls refuse to quit!
There is no evidence of this happening. To the contrary - the long slow bleed has been going on for weeks!
Bulls are weakened, disorientated and utterly demoralised. There is no fight left in them.
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Last
$52.02 |
Change
0.260(0.50%) |
Mkt cap ! $21.17B | |||
| Open | High | Low | Value | Volume |
| $51.78 | $52.16 | $51.65 | $7.901M | 152.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 286 | $52.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $52.03 | 87 | 5 |
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| Last trade - 14.13pm 22/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |