I hope you are right. I think the 4 day Easter holiday is probably keeping many side-lined, especially on a general down day in markets (here and overnight). The bounce to A$4.23 looked promising but failed to hold. We are now back on the A$4.15 low and it is holding here. Money Flow, an indicator of buyer vs seller strength turned positive at midday, meaning buyers are lifting offers, rather than sellers hitting bids. A good sign, but we need to see a move back above A$4.20 before I am convinced the selling pressure is over
CLSA - downgrade to A$4.20 TP, page-25
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Last
$3.85 |
Change
-0.015(0.39%) |
Mkt cap ! $44.42B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.87 | $3.83 | $41.76M | 10.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 305954 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 486753 | 62 |
View Market Depth
| Last trade - 14.50pm 08/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |