MYR 4.97% 84.5¢ myer holdings limited

But I bought more, my swing Target $1.20, page-36

  1. 10,673 Posts.
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    Ive bought in and out of MYR a few times,

    Ive been lucky enough on this one that Ive got in on dips and out on the runs.

    In saying that its been a ride down, but Ive managed to counter trend trade it.

    If all my current holdings were at this level, Id sell a 90c call option for about 2 months ahead.

    Like a Covered Call, But right now its a Hold for me, hoping for an upswing.

    I think the Bank levy etc is a Lead weight that hopefully the market gets bored of soon.

    Also Brexit, and the UK election. A win for the sitting Government will be a Bull trigger.

    Also waiting for some Analysts to say the Banks have been over shot to the downside over the levy.

    IMO the Gap on the Banks from the US election will close, so mabe a few red days ahead.

    I think MYR and HVN will flatten off about here IMO, Better value than the Banks and TLS right now.
 
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Last
84.5¢
Change
0.040(4.97%)
Mkt cap ! $702.8M
Open High Low Value Volume
82.5¢ 85.0¢ 81.5¢ $646.4K 773.8K

Buyers (Bids)

No. Vol. Price($)
4 23796 83.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.0¢ 42195 4
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
MYR (ASX) Chart
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