Last week I asked - Have we seen the bottom of this phase?.
From a weekly perspective, a very small move from 421 to 425 this week. No real direction this week. I felt it was just trying to hold the level. Volume, moderate, its usual volume, so no direction from there.So what is happening? Playing the macro. Trying to plan for the next rise. But positive play this week. Announcement helped. I still feel most U stocks have U macro as major affect, and SLX is playing the game. Till no direction, its a play in 420s.
As I wrote last week, I felt CCJ made the bottom previous week. Till now that stands. Many U stocks have not gone for a runner - reason being they are looking for confirmation. When will that happen? When CCJ reaches next level of 45. Till that time, there is a risk we could see some downturn. But, general markets are behaving positively, so odds are in favour of us at this stage..Personally I wrote last week that I had bought one lot at 420. I had written I may buy more, depending on how it plays. I like to buy higher. All week it looked like it did not want to go much higher. So didn't buy this. Lets see what is in store next week..So what may happen next week? All depends on U macro. On CCJ. On general markets. Let's hope it's in the right direction. Enjoy your weekend and all the best.
- Forums
- ASX - By Stock
- Share price
Last week I asked - Have we seen the bottom of this phase?.From...
-
- There are more pages in this discussion • 113 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.58 |
Change
-0.100(2.14%) |
Mkt cap ! $1.096B |
Open | High | Low | Value | Volume |
$4.80 | $4.80 | $4.56 | $1.008M | 216.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 4537 | $4.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.59 | 3360 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 4120 | 4.600 |
15 | 3665 | 4.590 |
12 | 6575 | 4.580 |
9 | 2621 | 4.570 |
11 | 10958 | 4.560 |
Price($) | Vol. | No. |
---|---|---|
4.610 | 1071 | 14 |
4.620 | 4491 | 20 |
4.630 | 4558 | 17 |
4.640 | 7967 | 10 |
4.650 | 4223 | 9 |
Last trade - 14.39pm 04/10/2024 (20 minute delay) ? |
Featured News
SLX (ASX) Chart |