Wild ride today.
Opened just on/above the 50fib using $5.78-$4.54 hi/low at $5.17.
Dipped to no mans land at $5.09 b4 surging late thanks to a squeeze finishing right on the 38.2 retrace at $5.30. $5.48 is our next target on the 23.6.
With the weakness lately, I wonder if there was a bit of a halo effect in the sector based around Graincorps nice little 7-8% run.
Either way it is outside the standard Bollies on both the 12 month daily and 5 day.
I will be surprised if it doesn’t come back a bit next session.
SHV Chart, page-99
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Last
$3.63 |
Change
0.000(0.00%) |
Mkt cap ! $498.4M | |||
| Open | High | Low | Value | Volume |
| $3.63 | $3.69 | $3.61 | $941.6K | 258.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6794 | $3.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.64 | 475 | 2 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| SHV (ASX) Chart |