Fundamentalist have been wrong on the equity recovery and V shape is in place! Initially I second guessed the market both long and short as a hedge with BBOZ. No need to ask how the latter went. Made up with longs but my lesson is never to set a bias then go looking for ways to anticipate it.
2.5 years of death by thousand cuts in this sector probably warrant a second look, gave a small position but aware this sector isn’t in the V shape yet.
this sector will probably keep going and I’m not sure those glory days are upon us. The shift is definitely in BNPL, will it suffer a meltdown? Play the momentum is my experience as late bulls but always protect capital.
what sectors are you looking at?
PLS chart, page-109
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Last
$2.98 |
Change
0.110(3.83%) |
Mkt cap ! $8.969B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.10 | $2.95 | $98.90M | 32.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16986 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 175531 | 5 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |