The more aggressive the shorting, the greater the inevitable squeeze. The decarbonisation thematic remains intact. Cyclical sectors go in … wait for it … cycles. Can you believe it?! Will SP drop further? Who knows! I’m with @hoots momentum clearly to the downside but looking extremely oversold. If you believe in the broader demand story out to 2030+ it’s one of those ugly times to close your eyes and hit the buy button IMO. DCA always my approach as there’s no rational was to consistently predict where or when a turn in sentiment and SP will happen. DYOR.
GLTAH
The more aggressive the shorting, the greater the inevitable...
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |