Commodity price cycles come and go, but one thing remains the same: Many investors get swept up in the convincing bottom-left-top-right supply deficits for the next decade narratives, as well as the euphoria which comes with soaring stock prices.I believe there’s nothing wrong with buying into a great story as long as there’s a great uptrend on a chart somewhere to back it up. But! When the party’s over, and the trends have turned, it’s usually a good time to go searching for the next big commodity price cyclejust about to begin.
Food for thought
Commodity price cycles come and go, but one thing remains the...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $309.8M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $921.1K | 6.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1199370 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 3025488 | 52 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
Change
0.005 ( 2.74 %) |
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| Open | High | Low | Volume | ||
| 13.8¢ | 14.5¢ | 13.5¢ | 3031105 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| CXO (ASX) Chart |