LEI 1.67% $20.71 leighton holdings limited

Yotta - I appreciate your chart the other day, and respect your...

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  1. 7,719 Posts.
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    Yotta - I appreciate your chart the other day, and respect your willingness to make a prediction, however . . .

    I think we have had some games as op ex is this Thursday am, (index was last Thurs) maybe leading to rallies, like last Fridays (with many put options seriously in the money to be closed out as favourably as possible - like many of the 24.27 puts probably were on Fri - the next up the chain are 25.26 puts). However to me this looks like it is following the All Ords down.

    We have been getting lower highs (compare last week of April to last Friday) - will see if we get a lower low. After last Friday's rally failed - that was a big minus in my opinion.

    There are a lot of holders of stock at $22.50 and 22.70 who can take a profit ATM.

    I also have a belief that this co is not below a fair value at current prices.

    I personally think you may be waiting a while for your $25 target - but we shall find out soon enough I guess.

    It is sitting at 23.15 as I finish writing this.
 
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