I buy on sentiment not on a company's fundamentals.
The 'Recency Effect' is another reason to consider the 'Trend as Your Friend'. ie The RE directly affects sentiment. A multiplier Effect in full force on the way up as well as on the way down. I like to 'Keep it simple'
PS My indicators show that QBE's change to an uptrend is confirmed. I must be a 'victim' of the RE and as a recent buyer I am also creating The Multiplier Effect, in my own small way.
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Last
$22.87 |
Change
0.145(0.64%) |
Mkt cap ! $34.47B | |||
| Open | High | Low | Value | Volume |
| $22.89 | $22.94 | $22.72 | $12.50M | 546.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1454 | $22.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.87 | 1754 | 8 |
View Market Depth
| Last trade - 12.02pm 17/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |