Hi AnnaC20.
You have every right to enquire.
As the FED tapers then the market will probably correct downwards.
To be expected and nothing surprising.
The markets have been on artificial stimulus since the gfc and are akin to a drug addict.
Take away the supply and you’ll get a reaction.
Everytime they have tried the market spits the dummy and the Fed IMO is scared to make the move.
So expect small moves by the Fed ( eg. talk initially ) and not cold turkey.
As a trader you should be in and out and if not sure then out.
That tells me there is some confusion.
T.
PLS chart, page-3606
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
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| PLS (ASX) Chart |