Reason for the sell off yesterday is because CPU slipped and closed under the Long term trend line on Monday at $8.70.
If it keeps heading south from $8.55 it should find support at $8.30 imo.
It may find it hard to get over $9 for a while imo.
Interesting as imo I believe CPU is a good foward indicator for general market direction.
3 month daily chart
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Last
$41.96 |
Change
0.300(0.72%) |
Mkt cap ! $24.22B | |||
| Open | High | Low | Value | Volume |
| $41.54 | $42.00 | $41.31 | $12.84M | 308.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 405 | $41.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.97 | 304 | 5 |
View Market Depth
| Last trade - 15.54pm 30/07/2025 (20 minute delay) ? |
| CPU (ASX) Chart |