This downturn is all POO Related - you can see WTI and Brent have hit the top of their prices (nearly $50) and have come down pretty hard since the FED spoke about possible interest rate hikes,
We need to see more data to support like inventory data from the US showing a draw down in Cushing reserves, or actual data to support current supply disturbance, (Nigeria, Canada,Venezuela) or the upward trend could go down just a fast as we came up,
I sold my ORG due to this uncertainty but will look to get back in lower if it does get any lower
POO looking to correct - looking for a base it seems
This downturn is all POO Related - you can see WTI and Brent...
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Last
$10.36 |
Change
0.010(0.10%) |
Mkt cap ! $17.84B | |||
| Open | High | Low | Value | Volume |
| $10.27 | $10.41 | $10.20 | $31.89M | 3.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 158 | $10.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.37 | 7984 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$10.37 |
Change
0.010 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| $10.26 | $10.41 | $10.20 | 685133 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| ORG (ASX) Chart |