It is absolutely not time to hedge. If you want to hedge, do it yourself. For the person who said the US$700 hedge is good because it translates to $1000 AUD - HUH! AUD price is $1200+ right now.
Hedge at the end of the bull market, not at the beginning of stage 2
That said, I don't think ALD shareholders should be too concerned in the short term. Looks like a very nice triple bullish divergence occuring on the charts. generally a pretty strong signal for an impending move. Best of luck to you all.
It is absolutely not time to hedge. If you want to hedge, do it...
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Last
$30.00 |
Change
-0.530(1.74%) |
Mkt cap ! $7.149B | |||
| Open | High | Low | Value | Volume |
| $30.44 | $30.81 | $29.86 | $29.89M | 990.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 461 | $29.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.01 | 3112 | 2 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ALD (ASX) Chart |