Few more Heavy RED months to go in the US markets, as the FED is not done yet with possible 1 more Rate Hike in Januarybefore their Elections starts
Earnings Season in US has been Decimated this month & possibly in January Earnings.
So this could still bring the overall AU markets / CHN down further ..... we will see & soon find out
Once the FED is done with all the Rate Hikes & the minute they will have to start cutting Rates again then All Markets will Rally again
Until then many are just sitting on the sidelines waiting for the QT to end
So the Bottom for CHN is near & this is one of the biggest Buying opportunity of a lifetime imo.
I will be taking my position in CHN after the New Year ....
Market Cycles are in play thats all.
GLTA
CHN chart, page-5586
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Last
$1.12 |
Change
-0.060(5.11%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.11 | $4.128M | 3.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39996 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 12789 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |