Well as some have noted, Fed went dovish, a bit of can kicking to be honest but who can blame them.
Not sure the Evergrande issue has quite gone away. They came to an agreement on a domestic Yuan bond traded on the Shenzhen exchange. We find out more today on the US denominated bond interest payments.
Would expect a good day today. should get to $2.22/$2.23 for close, possibly higher, then $2.34 tomorrow?
Keep in mind there may be a bit of profit taking on the sub $2.10 buys of the last couple of days.
Would be good if completed the ABC corrective as at Tuesday $2.00.
Not advice.
DYOR
GLTAH
PLS chart, page-2881
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |