XMD 0.84% 10,510 s&p/asx midcap 50

The Big Boys, page-457

  1. 1,751 Posts.
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    Hi Captain, Jagster. Just had a look at my SHV comments above and then the chart. Wow, 35% drop in three weeks and still closed low. It was $13.64 in August. I knew it was weak but assumed it would get some support low 7's. I imagine the underlying business is a fairly stable mature company. Quite extraordinary drop. Glad no one here took a long position. Wonder what's going on to cause that.

    It actually looks a bit interesting now. There should be a retrace to the ATH50% level at $7.17 once momentum turns, like a stretched elastic. I might watch this one for a bit.
 
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