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$5.13 bapcor limited

Ann: Bapcor FY21 1st Quarter Trading Update, page-38

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vivRookie

5,962 Posts.

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12/11/20

15:20

Post #: 48830448
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Originally posted by peejay2: ↑

Rookie, you have to try and understand why certain stocks are falling...... and in some cases, there are no good reasons. As you have seen, BAP has bounced back strongly only to fall today. Ask yourself why ?
And in some cases there are good reasons and sometimes there are none. BAP I would suggest has fallen because it’s near its top, and sellers may have sold in order to take advantage of more sharply rising stocks ie. doing a quick trade. To take a contrary view, I would suggest that as borders come down, that more people are going to use their vehicles for more interstate and intrastate trips, use their cars more, and thus have to spend more on their vehicles to make them suitable for longer trips.
Try not to just watch the market and say that it’s correct, try and think logically as to why a stock is moving, and sometimes there isn’t a validly logical reasons. FYI.

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yup, have tried to understand why this stock should be falling today and could not have predicted it.. vaccine on the way, vehicles likely to me used more, other vehicle stocks up (APE and SUL) .. what about this one

BAP Price at posting: $7.37 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $5.13		Change 0.120(2.40%)		Mkt cap ! $1.741B

Open	High	Low	Value	Volume
$5.01	$5.14	$5.01	$5.567M	1.090M

Buyers (Bids)

No.	Vol.	Price($)
1	422	$5.12

Sellers (Offers)

Price($)	Vol.	No.
$5.14	11407	3

View Market Depth

No.	Vol.	Price($)
1	422	5.120
4	6227	5.100
3	6483	5.090
1	2720	5.080
1	4000	5.060

Price($)	Vol.	No.
5.140	11407	3
5.150	36822	8
5.160	15344	5
5.170	2720	1
5.190	2000	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

BAP (ASX) Chart