We will certainly see a nice bounce on Monday as the sell down was brutal. May prove to be a nice little trade on Monday but you would want to get in and get out by the afternoon. Shock events like this one are normally followed by a " dead cat bounce" or a smaller bounce I have coined the phrase for, a " dead kitten bounce" . The stock then drifts lowere until a base is found.
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CDA
codan limited
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0.39%
!
$20.43

bounce on monday
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Last
$20.43 |
Change
0.080(0.39%) |
Mkt cap ! $3.707B |
Open | High | Low | Value | Volume |
$20.36 | $20.66 | $20.22 | $4.269M | 208.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 220 | $20.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.43 | 12 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 134 | 20.400 |
7 | 462 | 20.390 |
4 | 790 | 20.380 |
6 | 570 | 20.370 |
3 | 555 | 20.360 |
Price($) | Vol. | No. |
---|---|---|
20.420 | 941 | 32 |
20.430 | 626 | 11 |
20.440 | 247 | 7 |
20.450 | 417 | 5 |
20.460 | 580 | 4 |
Last trade - 15.58pm 22/07/2025 (20 minute delay) ? |
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CDA (ASX) Chart |