hey I called the big reversal two weeks ago. check the messages.
I sold my longs and went short at 29.50. I covered today but I wouldn't be surprised to see a 50%s retracement of the move from 12.5 to 31.4 or say $22/share. I know that sounds scarry but this run up in the market as a whole has been spectacular. I have been moving to a very cautious price taker and shorter over the last couple of days. Bhp is a short with covering stop at 40.5. This stock is a leader and any portfolio should not dismiss this as a leading stock. More importantly, is the volume.
more news at six
rw
former trader sfe and cbot
a short now, page-5
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Last
$14.88 |
Change
-0.180(1.20%) |
Mkt cap ! $7.918B | |||
| Open | High | Low | Value | Volume |
| $14.91 | $15.02 | $14.85 | $2.154M | 144.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1296 | $14.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.88 | 986 | 19 |
View Market Depth
| Last trade - 12.09pm 30/07/2024 (20 minute delay) ? |
| WOR (ASX) Chart |