AGE chart, page-2139

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Hannabal

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586

04/07/22

17:35

Post #: 62363416
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Originally posted by dc1234: ↑

Sideways movement in slight positive direction

Yes AGE finished 1 pip up on 4.8c. Our volume though was quite low, just under 11m shares traded.

ASX U stocks also made gains. Couple of stocks made some good gains. Of the 19 stocks that I track, average gain was 4.5%. SLX is still marching on. While other stocks have halved in couple of months, SLX has nearly doubled.

What next -

On Friday US markets did well to have a gain of around 1%. That provided a positive start similar to what we saw last Monday. But the gains today were not much for most of the stocks. ASX indices aped US indices from Friday and had gains of around 1%.

So ASX gained around 1% but stocks were subdued, why? One of the main reasons is that we are still in that uncertain zone with fear of recession hanging over the necks. Punters are still not convinced. Volumes are comparatively much lower than average for many stocks. So although many stocks made a very good start in the morning, many gave up the small gains made.

So what will happen tomorrow? No US markets tonight. So ASX should be sideways tomorrow. It has made the gain of US indices of Friday of 1%, so unlikely we will see another 1% tomorrow. US Future in morning may give some indication, but it will not be conclusive. Today, Asian markets were mixed - with some doing gains and others a loss. ASX was the best performer till now. Europe may provide direction for tomorrow. Also, tomorrow is our rate rise day by RBA at 2pm. Expected rate rise is around 0.5%. If the number is different from expected, we may see swings, otherwise it may not have much impact. Lets hope other markets and other data are positive so that we continue in forward direction, even if its at a snail pace. All the best.

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Silex isn't an energy stock, it's a tech stock. The fact that it's a laser tech for uranium is irrelevant when comparing it to uranium/energy stocks.

Thanks for your continued quality input.

AGE Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.1¢		Change 0.001(1.00%)		Mkt cap ! $195.3M

Open	High	Low	Value	Volume
5.1¢	5.2¢	5.0¢	$73.82K	1.449M

Buyers (Bids)

No.	Vol.	Price($)
18	1350667	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	778393	6

View Market Depth

No.	Vol.	Price($)
19	1590667	0.050
15	3186454	0.049
19	1729061	0.048
13	1561818	0.047
5	1411670	0.046

Price($)	Vol.	No.
0.051	778393	6
0.052	1001746	10
0.053	1433257	8
0.054	1273570	7
0.055	600237	3

Last trade - 14.06pm 27/06/2024 (20 minute delay)

AGE (ASX) Chart

AGE chart, page-2139

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AGE chart, page-2139

Top Stories

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

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ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

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