I think its called a "Flight To Safety" there is certainly nothing to be scared of looking at the current A2M chart - consumer staples particular the growth stocks always do well in volatile markets - They will however need to continue to under promise and over deliver , any sign of falling growth and they will get punished in this type of market.
I did a post on the America and Yank indexes showing where they are in relation to the 200 moving average - click here to view !
Chart below shows A2M with 200 EMA
I think its called a "Flight To Safety" there is certainly...
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Last
$7.02 |
Change
0.170(2.48%) |
Mkt cap ! $5.075B | |||
| Open | High | Low | Value | Volume |
| $6.86 | $7.03 | $6.81 | $16.52M | 2.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10280 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 17972 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |