Your entitled to have a different opinion.
Some other people (including followers of TA) have found this monthly view interesting. So each to their own.
I am not claiming or forecasting that Support will be found soon. Historically, AMP has found a bottom or bounce point in the $3.50 to $3.90 range. The fact AMP has broken a 15 year long Support line is definitely not a positive, so it could take a while for a bottom or bounce to come in. There could also be a lot more bad news to come.
AMP Chart, page-3
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 (20min delay)
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Last
$1.28 |
Change
0.005(0.39%) |
Mkt cap ! $3.324B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.29 | $1.26 | $18.48M | 14.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 112789 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 15564 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AMP (ASX) Chart |