Chart wise, like everyone is saying, this thing could go either way. For the past couple of months, I looked at JBH as a perfect short anytime it came near $14. There was no way a stock such as JBH could be going up and trading around $14. And so far its been a good trade. So it has come near the $14 mark again and people are wondering if its another short. I think yes, however there are a couple of differences this time. 1. the AUD is much stronger now, which is a plus to its bottom line and 2. the economic data looks to be turning around.
Even with these two key differences, the future for JBH isn't the greatest and I believe the $14 mark will be tested, the steam loss and it will head down again.
- Forums
- ASX - By Stock
- to short or not to short
Chart wise, like everyone is saying, this thing could go either...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JBH (ASX) to my watchlist
|
|||||
Last
$67.11 |
Change
1.220(1.85%) |
Mkt cap ! $7.364B |
Open | High | Low | Value | Volume |
$66.27 | $67.64 | $66.26 | $12.19M | 181.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31 | $67.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$67.12 | 41 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 109 | 67.090 |
4 | 66 | 67.080 |
8 | 165 | 67.070 |
8 | 205 | 67.060 |
5 | 878 | 67.050 |
Price($) | Vol. | No. |
---|---|---|
67.130 | 103 | 7 |
67.140 | 89 | 6 |
67.150 | 125 | 6 |
67.160 | 32 | 2 |
67.170 | 63 | 4 |
Last trade - 15.14pm 23/07/2024 (20 minute delay) ? |
Featured News
JBH (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online