BOE drifting along the macro?.From a weekly perspective, a very slight drop from 291 to 284 this week. Volume moderate and usual..So what is happening? It's playing the macro. Which is not giving a confirmed direction. It did reach close to 330 on some exuberance, but then collapsed to make a new 52 week low yeaterday at 276.5. Overall its playing weak.
.Personally no trades for me. My average still 295 as I wrote last week.
.So what may happen next week? All eyes on CCJ. As I wrote last week, if it can hold 39/40 level, it's game on. Otherwise talks of protecting capital may come into play. CCJ is at critical juncture. It can go either way. Let's hope its on the up. Enjoy your weekend and all the best.
Bearish Short Case - Stay Away If You Want Bullish News, page-180
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Last
$3.31 |
Change
0.120(3.76%) |
Mkt cap ! $1.306B | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.33 | $3.29 | $1.340M | 405.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7882 | $3.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 6183 | 6 |
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| Last trade - 10.23am 08/11/2024 (20 minute delay) ? |
| BOE (ASX) Chart |