It is heading for that gap at 75 cents, hence my target zone of 78 to 82 cents buy in once bottom is confirmed.
That is not in place yet, so more waiting to do here and short term pain on PoG to come
as growth expectations got halved by all major investment houses in the US, from 7 down to 3.5 %
Morgan Stanley expects a 15% drop in major indices.
That should create some short term drop in PoG and some real attractive entry levels on the stock, basically mirroring our run from mid 70's to 1.20, which is to be repeated once PoG strongly appreciated in a more subdued and challenged market after expected correction.
Job market not ideal yet either in the US, which delays tapering maybe slightly, but probably not substantially.
all signs are lit for a strong buy on this stock soon
all IMO
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $269.0M |
Open | High | Low | Value | Volume |
43.0¢ | 46.0¢ | 42.0¢ | $600.8K | 1.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21499 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 70077 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21499 | 0.445 |
1 | 19400 | 0.440 |
3 | 21466 | 0.430 |
2 | 14058 | 0.425 |
7 | 77773 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 70077 | 2 |
0.465 | 26250 | 2 |
0.470 | 80000 | 4 |
0.475 | 75581 | 5 |
0.480 | 74864 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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ALK (ASX) Chart |