AMX 2.94% 33.0¢ aerometrex limited

the chart you've been waiting for....

  1. 1,890 Posts.
    For the chartists and technical "investors"

    AMX Double Bottom Playing Out:

    This is the chart pattern that signals a reversal of the downtrend into an uptrend. This pattern will closely resemble the shape of a "W".

    See chart with circled Double-bottom pattern

    The double bottom is formed when a downtrend sets a new low in the price movement.

    This downward move will find support, which prevents the security from moving lower. Upon finding support, the security will rally to a new high, which forms the security's resistance point.


 
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Last trade - 15.01pm 05/09/2024 (20 minute delay) ?
AMX (ASX) Chart
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