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$66.49 aristocrat leisure limited

at what price do you buy in?, page-186

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Old Engineer

2,030 Posts.

35

07/03/19

08:34

Post #: 37680083
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Originally posted by robert23: ↑

ALL is a great stock but i think small retail investors such as ourselves are at the mercy of high frequency trading systems that detect an upward trend in another stock and sell ALL to jump on to the other stock and ride the trend while it lasts.

This results in some stocks shooting high one day and getting demolished the next day.

Although we cant match the high speeds of algos we will do ok if we buy at a good price and hold.

ALL will do ok in the medium term as market price moves back to true valuation and not a false algo driven trend price.

Think most brokers have a 12 month price target of around $33 on ALL.

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Those algo trades can generate good buying opportunities if you can figure out the real long term price.

ALL Price at posting: $24.43 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $66.49		Change -1.120(1.66%)		Mkt cap ! $36.16B

Open	High	Low	Value	Volume
$67.50	$67.50	$65.92	$138.3M	2.127M

Buyers (Bids)

No.	Vol.	Price($)
6	42920	$66.49

Sellers (Offers)

Price($)	Vol.	No.
$66.51	2281	1

View Market Depth

No.	Vol.	Price($)
1	11689	24.180
2	11791	24.170
1	20645	24.160
3	24239	24.150
3	41354	24.140

Price($)	Vol.	No.
24.220	11689	1
24.230	11731	1
24.240	26310	3
24.250	12545	2
24.260	16391	2

Last trade - 16.10pm 22/11/2024 (20 minute delay)

ALL (ASX) Chart