ASX 0.02% $82.20 asx limited

Beach for next 6 months?

  1. 850 Posts.

    I honestly think we may as well all go to te beach for next 6 months. The market at the moment is almost untradable.

    As a rule i only trade stocks on rising trends and they are very few and far between on a tradable basis. ASC maybe ( I have moral reasons not to) GNS maybe.

    ATC on a technical basis should have bounced 2 weeks ago, yet went straight from a rising trend to a falling trend. This is one example.

    I presently don't own any stocks and am hard put to see anything worth buying. (One of my other rules is that if I wouldn't comfortably buy a stock at its current price, then I don't hold it.)

    I think coming months could be turmoltuous. We must not forget that Osam and Sadam are very much at large and GWB can be equally dangerous.

    I remeber the busy times in the market wishing for a break. I think this may be the time to take it without missing much profit.

    Take care.

watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Mkt cap ! $15.91B
Open High Low Value Volume
$82.25 $82.60 $81.82 $12.04M 146.2K

Buyers (Bids)

No. Vol. Price($)
1 248 $88.36

Sellers (Offers)

Price($) Vol. No.
$73.98 1684 1
View Market Depth
Last trade - 15.59pm 18/05/2022 (20 minute delay) ?
-0.020 ( 0.01 %)
Open High Low Volume
$82.40 $82.60 $81.82 11448
Last updated 15.59pm 18/05/2022 (live) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.