debono,
Some stocks trade stronger than the index or weaker than the index - so if you think a downtrend could turn then you start to buy the strong stock relative to the index and vice versa if you think an uptrend is turning.
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Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |