VIX calmed down over night. Yen stabilising. AUD above 65c again. Nikkei and DOW futures both positive signs. Bitcoin up nearly 3%. All indicators for risk-on again and bounce may be in store.
Correction of US/Japan stocks was predicted and healthy.
However, PNV has fallen 20% since Thu and as such more than most tech stocks. This is despite my hypothesis that PNV is recession proof, as health care is not just always in demand but even more so during times of uncertainty. Plus different to companies where a correction may be justifiable, PNV is still on hyper growth trajectory. And that is before India having even started to get into full gear. And what if they report a mini profit shortly? All of the above support @Connex wanting to get his hands on another 100k. Question is, will he get them? If we are serious about the collective average share price prediction we n the other thread, any share bought today will look sure cheap by FY end.
@acouch: Bounce and gaps to fill at 2.53 and 2.66 still in play?
VIX calmed down over night. Yen stabilising. AUD above 65c...
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Last
$2.37 |
Change
0.070(3.04%) |
Mkt cap ! $1.625B | |||
| Open | High | Low | Value | Volume |
| $2.31 | $2.43 | $2.31 | $3.588M | 1.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 57053 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 14287 | 17 |
View Market Depth
| Last trade - 13.57pm 06/08/2024 (20 minute delay) ? |
| PNV (ASX) Chart |