Much more likely this is just part of a normal cyclical correction. If I had to predict I would say the multi-year correction will end approx. mid-February with the market falling in the vicinity of 15% from its recent highs. This equates to the Australian All Ordinaries (XAO) falling just below 7,000, likewise the ASX 200 to approx 6,600. The current market is definitely not signalling the mother of all crashes IMO; instead showing signs of a normal cyclical correction that occurs every couple of years (lines up with the Mar-2020 Covid low nicely). IMO many retail traders get caught up in the 'noise of an imminent crash'; the end result is the retail investors panic selling and the larger players accumulating.
- Forums
- ASX - By Stock
- MSB
- MSB $1 Party
MSB $1 Party, page-169
-
- There are more pages in this discussion • 980 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.08 |
Change
-0.018(1.60%) |
Mkt cap ! $1.230B |
Open | High | Low | Value | Volume |
$1.09 | $1.09 | $1.07 | $1.009M | 934.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 70473 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 57270 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 71327 | 1.075 |
21 | 164155 | 1.070 |
14 | 111483 | 1.065 |
15 | 344837 | 1.060 |
9 | 149627 | 1.055 |
Price($) | Vol. | No. |
---|---|---|
1.080 | 66570 | 11 |
1.085 | 97497 | 13 |
1.090 | 120178 | 11 |
1.095 | 73001 | 8 |
1.100 | 80593 | 11 |
Last trade - 10.53am 11/07/2024 (20 minute delay) ? |
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
CXO
Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
MSB (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online