The result was pretty much in line with consensus, so it's a blow off after the initial euphoria. It's quite amazing that people buy a stock on a 20% bounce. There was only one direction it could go after that kind of pop. 200 EMA is $13.06. It'll be interesting to see if that holds. Also a support line around $13.17. Note that RSI is still 70 (overbought) even after the pullback to $13.30.
Chart Update, page-9123
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Last
$6.88 |
Change
0.000(0.00%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.90 | $6.80 | $7.266M | 1.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12501 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 33092 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |