yep MQG is being killed and others so playing short is going with the trend.....medium to long term looks ok.
As long as hedge fund keep selling this stock will just keep going lower and there is not enough buyer.
Charts don't look good so more pressure on the stock.
Traders need more good news re Europe etc etc before going long....so either stay on the side line and wait for another 6 weeks till the end of june or day trade or going short seem to make sense.
Cheers,
good buying?, page-16
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Last
$203.40 |
Change
0.520(0.26%) |
Mkt cap ! $77.70B | |||
| Open | High | Low | Value | Volume |
| $204.18 | $204.49 | $202.50 | $105.9M | 520.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 827 | $203.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $203.43 | 109 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |