Why should they be scared?
Now that the Govs started clearing the decks expect also rate cuts around the world in coming days / weeks. Maybe tonight in Europe.
That should do it for a good rally over the next 3-4 months.
Volatility will still be around but the overall trend is up. ANZ's chart seems good after a triple bottom.
It should be ok, but caution and some profit taking wouldn't hurt.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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No. | Vol. | Price($) |
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10 | 2804 | 29.940 |
13 | 3257 | 29.930 |
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6 | 2586 | 29.910 |
Price($) | Vol. | No. |
---|---|---|
29.960 | 1102 | 6 |
29.970 | 3572 | 15 |
29.980 | 7611 | 15 |
29.990 | 5636 | 12 |
30.000 | 22277 | 14 |
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