Ha! You never know in this market. Depends on how heavy this is getting traded. If the positive price action over the past week has been mainly caused by investors taking long term positions, then it's happy days, as we will hold ground then continue to rise (subject to sentiment). If however, we are in the midst of a trading channel, we may well go back closer to $1. Either way, long term holders need to keep calm and look to the future, and don't stress about the daily/weekly price action.
A healthy mix of investors and traders should mean we will continue to consolidate at these levels, before our next leg up.
All in my opinion.
Good luck all.
Time to buy, page-168
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Last
51.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.717B | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 51.0¢ | $21.74K | 42.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 83651 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 37811 | 3 |
View Market Depth
| Last trade - 10.09am 15/08/2024 (20 minute delay) ? |
| AIZ (ASX) Chart |