I think the US small caps Index, may have held some buyers away while the Smallcap index found support.
It looks like those US markets are on their technical support now, so thats what they pulled back for, just technical.
But the next thing is the expected bounce from the US Companies almost all should have a boost in Profits at the next reporting because of the US tax cuts. And that should lite a cracker up the Bulls Clacker and get it jumping.
That should settle our ASX and get our stocks back trading the way we expect them to, and 14D should get back over 40c.
With the US tax cuts flowing through to likely boost company reported profits , it makes all these pullbacks a bit of a Fake down, manipulated , to set up the next Bull Ride.
Watching charts is so slow, but all charts have down waves, then snap into Up waves, but while your watching in real time the down waves seem to take forever to break up, But Im confident they will.
Our stocks have done no wrong, the volume and price action will return to normal soon IMO. Will be back over 40c to 50c soon enough IMO.
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I think the US small caps Index, may have held some buyers away...
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.67M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.8¢ | $3.938K | 103.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90000 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 92615 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 23512 | 0.059 |
1 | 4172 | 0.058 |
3 | 29090 | 0.055 |
1 | 500000 | 0.054 |
2 | 55000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 258813 | 3 |
0.061 | 9328 | 1 |
0.062 | 120000 | 1 |
0.063 | 2941 | 1 |
0.065 | 8460 | 1 |
Last trade - 09.59am 04/12/2024 (20 minute delay) ? |
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14D (ASX) Chart |