Doingmynuts. Ther has been a massive shift in sentiment since the start of this year. IMO the market is currently pricing in an agreement and resolution to Greece's debt problems. We saw some weakness creep into the market mid last week with talk of not meeting austerity measures etc.
But you are correct we are all aware it is very possible that Greece may leave or be kicked out of the EU so this is factored in to some degree. I think the market will selloff in the event that resolution is not reached today but nothing too brutal.
To my mind the sentiment seems to be that if "they" can fix the Greece situation then people might be able to see a end to the road to the economic turmoil that has engulfed Europe/USA the last few years. Then maybe just maybe they can fix all this mess the sheeple may think. World leaders need to show some vision and sorting out this Greece debacle is a good start. I am far from an expert in world politics or the EU situation though.
Looking like a bullish hammer candle so far on the daily for PDN.
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Last
$13.99 |
Change
0.010(0.07%) |
Mkt cap ! $4.182B |
Open | High | Low | Value | Volume |
$13.78 | $14.02 | $13.62 | $27.61M | 1.999M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 198 | $13.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.00 | 5278 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 198 | 13.990 |
1 | 300 | 13.960 |
1 | 37 | 13.880 |
1 | 1000 | 13.810 |
1 | 727 | 13.740 |
Price($) | Vol. | No. |
---|---|---|
14.000 | 1000 | 1 |
14.020 | 7289 | 1 |
14.030 | 32 | 1 |
14.070 | 1800 | 1 |
14.090 | 3861 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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PDN (ASX) Chart |