THE S&P500 is the reason ASX stocks have crashed as the big players have created a domino effect across the global markets.
I believe we are going to see a short term rally this week for SYA and other stocks as the S&P500 has bounced off short-term support.
I am anticipating the S&P to go back up to 4070ish before a bounce off resistance and then the price heads to short-term resistance again.
We "should" then see the final bounce off 3470ish mid July before the markets start pumping again.
We are getting close to the bottom guys 3470ish is when I am buying SYA which should be around the 9.5¢ mark.
Good luck long-termers and fundamentalists alike.
THE S&P500 is the reason ASX stocks have crashed as the big...
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $267.6M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.6¢ | $24.81K | 934.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 15095761 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 6128124 | 28 |
View Market Depth
| Last trade - 11.16am 29/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |