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
$23.03 |
Change
0.160(0.70%) |
Mkt cap ! $34.53B | |||
| Open | High | Low | Value | Volume |
| $22.89 | $23.03 | $22.77 | $4.501M | 206.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 673 | $23.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.03 | 598 | 6 |
View Market Depth
| Last trade - 10.21am 18/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |