stocks always fall quicker than they rise.
stocks have risen 40% or so since 2 years ago.
nothing goes up forever
a lot of the China good news story has been priced in.
above all, sentiment drives stocks and this has turned negative, plus hedge funds can be a powerful driver when this sentiment has gone to $hit.
if we do turn around next week , you may see a lot of short covering, and the market may have a large bounce... but it may only be for a day.
slaughterhouse, page-6
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Last
$58.15 |
Change
0.600(1.04%) |
Mkt cap ! $11.21B | |||
| Open | High | Low | Value | Volume |
| $57.64 | $58.20 | $57.27 | $15.26M | 264.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 87 | $58.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $58.15 | 95 | 7 |
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| Last trade - 12.55pm 20/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |