Market History says that when the nasdaq plummets into correction within a one week period which it has on 5 previous occasions in the last 15 years it always bounces back strongly for a number of days afterward and it then continues to trade positive for a three month period following that drop 80% of the time
Wonder if that 1 time it did not follow the script may have been the GFC
Just read an article on CNBC that discussed this in detail
Also market is generally bullish leading into a US election
Many have said on these forums that the fate of Z1p is tied to the sentiment on the NASDAQ, if anyone is relying on the US to tank to drag Z1p down I think they may be wishing and hoping
make of that what you will
Market History says that when the nasdaq plummets into...
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Last
$1.15 |
Change
-0.070(5.74%) |
Mkt cap ! $1.258B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.15 | $37.10M | 31.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 190540 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 7735 | 3 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.070 ( 3.72 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.25 | $1.16 | 5299742 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| ZIP (ASX) Chart |