Hmmm ... as posted previously we closed our SHORT ahead of AMP retesting the important psychological $4.20 support level. It is reasonable to assume the impending $5.9billion loss for FY03 is now factored into shareprice.
The bounce Friday was expected and could be the much needed line in the sand signalling a change in fortune for the beleaguered blue chip.
We are LONG although cautiously opted for a Spread.
Chart looks like this ...
Cheers ... tight stops.
This is only my view ... read the red stuff.
a line in the sand ...
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Last
$1.10 |
Change
-0.015(1.35%) |
Mkt cap ! $2.873B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.09 | $10.08M | 9.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 361347 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 99874 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |