Great analysis!
I always had a similar feeling building with each announcement, which is why the sp drop is a bit surprising to me.
hopefully, like others have said, the road isnt always linear and to expect things like this. I just seems to me that this drop shouldnt be this drastic. I'd like to see more chart analysis from others as im not too educated on reading them.
I have lots of faith in Archer, and for the same reasons you have highlighted.
What is happening, page-29
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24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $61.16M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.0¢ | $46.27K | 198.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 72293 | 23.0¢ |
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| Price($) | Vol. | No. |
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| 24.0¢ | 5927 | 2 |
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| AXE (ASX) Chart |