I'm inclined to agree to some extent. Last report saw profit upgrade, huge SP surge and rapid sell off. The solid run up past $2 from lows has been all about affirmation of strong sales despite Chinese e-commerce regulatory flip flop. The upgrades are built in. Most in the know have already bought, many looking to make a quick profit on positive Ann. It will need to be a big upgrade to shoot past $2.20 to $2.30 and stay there. It won't be well under $2 though.
Reporting time SP, page-5
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.93 | $6.81 | $7.337M | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4252 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 10763 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |