Last week I asked - Have we seen the bottom of this phase?.
From a weekly perspective, a decent gain from 3.7 to4.2 this week, trying to crawl back loss of last week, but actually moving ahead. . Volume, moderate, even though we had an announcement - the big guns are not yet there it seems..So what is happening? Playing the macro. Trying to plan for the next rise. But positive play this week. Announcement helped. I still feel most U stocks have U macro as major affect, one of the reasons we were not able to make much gains on announcement. 4.2 has been a key number, and we were not able to cross that. We playing in 3.8/4.6 zone, not surprised to see some play happening at 3.8, but also see it hold. So predictable play till now.
As I wrote last week, I felt CCJ made the bottom previous week. Till now that stands. Many U stocks have not gone for a runner - reason being they are looking for confirmation. When will that happen? When CCJ reaches next level of 45. Till that time, there is a risk we could see some downturn. But, general markets are behaving positively, so odds are in favour of us at this stage..Personally I bought more AGE this week. I had exited end of May having written that it may top over there. I was lucky with my call, and it did top there. I have been writing for over 2 months that I will buy around this time, hoping for a bottom. Last week my average was 3.55. I had written I had 40% of what I wanted to buy, and will buy more if stocks are not looking like crashing. I did buy more, mostly higher. My average now 3.65.So what may happen next week? All depends on U macro. On CCJ. On general markets. Let's hope it's in the right direction. Enjoy your weekend and all the best.
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Last
4.2¢ |
Change
0.002(5.00%) |
Mkt cap ! $162.5M |
Open | High | Low | Value | Volume |
4.0¢ | 4.3¢ | 4.0¢ | $276.3K | 6.691M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 323396 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 225000 | 0.041 |
11 | 543616 | 0.040 |
7 | 661071 | 0.039 |
14 | 2584358 | 0.038 |
13 | 2327752 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 50000 | 1 |
0.043 | 1254000 | 4 |
0.044 | 742727 | 4 |
0.045 | 100000 | 1 |
0.046 | 100000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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