It is time to reverse into downtrend
SIV was a bullish stock. too bullish, $1 in midle of 2009, near $9 in Set this year.
this profit warning waked up those long term investors. close at $5.24, even $3 per share, they still made profit.
Some may be greedy with margin lending. forced to sell
After 30% down, the P/E=12.1 is still higher than the sector p/e=9.7 (COMMSEC DATA).
TO me, now it is down trend cycle
first support is $4.20
It is time to reverse into downtrendSIV was a bullish stock. too...
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.102M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| SIV (ASX) Chart |
Day chart unavailable