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
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2420 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 37726 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |