I was about to hit proceed on a short term bounce trade today at...

  1. Maysgr
    1,671 Posts.
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    20/09/16
    23:19
    Post #: 19298441
    I was about to hit proceed on a short term bounce trade today at $9.74 but decided against it.

    Market didn't like the forward guidance given at today's profit announcement. Analysts expecting $880m and company guided $820-$830m

    Broker downgrades out tomorrow. I wouldn't be surprised if it fell further, but have put it on the watchlist.
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    lightbulb Created with Sketch.  Great analysis
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