Overhyped/overbought beyond fair value.
The announcement was already priced in long before yesterday (especially note the 10% rise the day before it).
Supply is now a concern, endless growth cannot occur without that.
I sold yesterday because honestly how much upside can there be in the next few weeks compared to downside?
Just got to remove emotions, remember you shouldn't fall in love with a stock, and remember there are always re entry points and other stocks out there.
I'll buy back in when it drifts down to $1.80.
Tomorrow is bearish, page-173
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Last
$6.85 |
Change
0.000(0.00%) |
Mkt cap ! $4.966B | |||
| Open | High | Low | Value | Volume |
| $6.80 | $6.88 | $6.73 | $1.948M | 284.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 11259 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 2144 | 7 |
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| Last trade - 12.21pm 24/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |