I think the chart breakout prior to the release spoke a thousand words. All the fundamentals in the world mean nothing if a stock or index is falling. The proof is 'in the eating' as they say.
We've seen companies with good fundamentals and high dividends fall to hell and never return. There is no way I can outsmart the market going by the information that's available to me via the net, newspapers, etc. But the chart sums up the mindset of all market participants.
Like I said, CSL is in a good place now - it's downtrend is 'broken', the market likes it again and the all important 1/2 year report is a good one.
Ann: Half Yearly Report and Accounts , page-7
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Last
$293.00 |
Change
2.260(0.78%) |
Mkt cap ! $141.5B | |||
| Open | High | Low | Value | Volume |
| $294.00 | $294.75 | $290.82 | $491.6M | 1.702M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8192 | $292.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $293.06 | 12368 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CSL (ASX) Chart |