We are going for round 2 today
$EOS.AX has been in a sharp downturn with the broader market
The market bounced today as Trump announced that he cancelled the new round of strikes on Iran
The Australian market is closed and therefore has not priced this in yet
Here are the tickers I am monitoring to execute this trade:
> $QQQ to watch the general market sentiment around tech
> $ITA to monitor US defense stocks
> $EWA to monitor the Australian index
> $DRNZ to monitor drone stocks
$EOS.AX is a counter drone stock that moves similar to the drone stocks with US listings.
Now the market is green, defense stocks are green, Australia futures are green and drone stocks are green
This gives me enough reason to believe EOS will be green too $GP6 on European exchanges is the one I bought
Make sure to check the live price as there is not a lot of liquidity so you have to pay the ask. Calculate the AUD equivalent and see if this aligns with your expected move
Let's see how this one plays out...