SUN 0.20% $19.61 suncorp group limited

Will have to agree on covering shorts ! Nice bullish engulfing...

  1. 239 Posts.
    Will have to agree on covering shorts ! Nice bullish engulfing pattern forming and obviously a relief rally .

    Expect a quick bounce to the upper downtrend chanel of around $8.50 - $8.60. Than I would look to have another crack at short around than ..

    Technical bounce - however they are comparing this to the Sydney hailstorms ? You did not have coal mines out for months - business losing all stock and future earnings.
    The cost to the business community in loss of earnings is massive and will not be realised/known for another 6 months.

    On a side issue have a look at earnings for BOQ yesterday.
 
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Last trade - 13.02pm 03/12/2024 (20 minute delay) ?
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