The best reversal in the history of markets continued overnight
The first 2 batches of bears just got wiped out
Looks like they guessed wrong
I'm sure they'll regroup & try again but as long as they keep driving the market higher, I'll be happy
How the market reacts after the short squeeze is over is more important than how fast stocks rally from this
I do expect strong resistance at 7990 for our market next week which could be the start of the next flush before recovering again (as long as we close above 7930 today)
It's easier trading a market & keeping track of things than a stock that might move 1c in a day
Sorry if market info is irrelevant to you
Just some updated numbers for PNV
I'm only looking at 2.62 & 2.67 today
2.67 is the more important level we need to break through
I'll worry about new levels if we manage to break through next week
I doubt 1 session is going to be enough to deter the bears so I do expect 2.67 to hold today
We do have option expiry & earnings report next week
So expect lots of wild swings
The higher we trade at, the safer our lows become
We are currently still trading between 2.30 & 2.70 until proven otherwise
Let the guessing game continue
Haha
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Last
$2.56 |
Change
-0.050(1.92%) |
Mkt cap ! $1.819B |
Open | High | Low | Value | Volume |
$2.59 | $2.65 | $2.55 | $3.684M | 1.414M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 25589 | $2.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.57 | 9535 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 39565 | 2.550 |
16 | 52574 | 2.540 |
11 | 65219 | 2.530 |
10 | 28286 | 2.520 |
7 | 184492 | 2.510 |
Price($) | Vol. | No. |
---|---|---|
2.560 | 1778 | 8 |
2.570 | 31166 | 15 |
2.580 | 32927 | 13 |
2.590 | 103779 | 16 |
2.600 | 21660 | 10 |
Last trade - 15.41pm 18/09/2024 (20 minute delay) ? |
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PNV (ASX) Chart |