Heres the chart ! circled to the left the bolly bands squeezed and the RSI was oversold and it jumped above the 200 EMA with a Bull breakaway gap . This time the bands squeezed and the price tanked below the 200 EMA with a Bear runaway gap.
RSI is oversold and price is outside the bands so at least a bounce is expected with a "possible " bottom in place given its also sitting at the Primary support Zone .If it cant regain $15 by next week then its probably safe to assume the company has been re priced by the market
Chart Update, page-13662
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Last
$5.90 |
Change
-0.090(1.50%) |
Mkt cap ! $4.271B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $5.97 | $5.86 | $19.03M | 3.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4800 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 29913 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |