Today sp shoot up high to $36.1 in in first 10 min and came back down to $35.2 , now trading in the $35.30-35.40 range , with high volume .
I read it as amateur rushed in to buy FLT at open , the pro/day trader took profit at the top , when sp came down to $35.30-35.40 range both side calm down and the buy/sell is back to normal .
My view is the overall direction is north . The pound fell so much it is actually good for tourism - FLT should benefit from this. Remember that BREXIT will take at least 2 years to complete. At the moment it is still the same euro zone, but with a way cheaper pound .
Overreaction !, page-23
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 (20min delay)
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Last
$17.13 |
Change
0.430(2.57%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.03 | $17.45 | $16.94 | $37.05M | 2.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6310 | $17.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.13 | 638 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
