General Tech Market is way overvalued right now and is need of sharp correction. As I've said it bounced on $126 before due to technical analysis. Will need to see the latest report on how Xero is performing to validate the continued uptrend. Previous report showed slowing subscriber growth but increase in revenue due to Xero curving marketing spending due to COVID. Xero needs to beat market expectations of continued strong subscriber growth + increasing revenue or else this will tumble the price below $100. Be careful at these prices when financial reporting is near. All imo.
General Tech Market is way overvalued right now and is need of...
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Last
$148.30 |
Change
-1.980(1.32%) |
Mkt cap ! $22.70B | |||
| Open | High | Low | Value | Volume |
| $147.03 | $149.01 | $147.00 | $5.102M | 34.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12 | $148.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $148.32 | 46 | 6 |
View Market Depth
| Last trade - 11.38am 05/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |