A40 0.00% 8.2¢ alliance mineral assets limited

I believe A40 was oversold, but a long margin. And the market...

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  1. 1,501 Posts.
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    I believe A40 was oversold, but a long margin. And the market tends to oversell, and overbuy - when the trend reverses. While i'm not making a concrete prediction, i have seen similar corrections occur.

    Word is Trump wants to 'deal' with China, hence the current rally out of the US. He needs a win and is far too focused on two way trade. In any event, a 'deal' will be good for the two, yes, but better for Australia. 

    What do you think the next 4-8 weeks holds? I'm betting risk-on, mining, EV's - let us not forget China and their legislating of the industry and A40 seems well placed. 
 
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