There's a gap at $10.84, which is coming close to being filled. Any bounces should be treated as dead cat bounces as the chart is in a clearly defined downtrend. Short sellers have done the right thing in adding to positions on the recent dead cat bounce. IMO, best-case scenario is a double bottom at $10, but any further sharting by the company, such as a downgrade, and all bets are off and low $8s would be the next logical zone of support.
Chart Update, page-15288
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Last
$5.60 |
Change
0.070(1.27%) |
Mkt cap ! $4.054B | |||
| Open | High | Low | Value | Volume |
| $5.56 | $5.64 | $5.54 | $7.447M | 1.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3244 | $5.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.61 | 2113 | 2 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |