Starbust
Discounts can continue in long declines for some time although they mean the final stages.
The fact that they remained through this latest bounce and at 32 points today on a first down day suggests pretty extreme bearish sentiment to me.
I would like to see a lower price tomorrow of course but it all feels a bit too bearish and ripe for the bulls.
A couple of charts.
First is Fererra's and Aug 10 might mean Aug 13. Second is my new software and still fiddling but suggests my Aug 23 to Laundry's Aug 26.
StarbustDiscounts can continue in long declines for some time...
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Last
8,075.7 |
Change
87.800(1.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,987.9 | 8,079.0 | 7,979.5 |
| XJO (ASX) Chart |