For the chartists.
This is The Australians thoughts.
AMP shares surge 21pc on takeover bid
AMP shares surged 21pc to a six-week high of $1.55 after the company confirmed reports that it had received an indicative non-binding takeover bid from private equity firm Ares Management.
The high was close to the 100 and 200-day moving averages at $1.59 and $1.65 respectively.
These lines now offer resistance. Tentative support may be at the recent peak of $1.465.
AMP last up 17pc at $1.50.
AMP - CHART THREAD TA ONLY PLEASE!, page-761
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Last
$1.53 |
Change
0.013(0.83%) |
Mkt cap ! $3.898B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.55 | $1.52 | $3.513M | 2.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 55480 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 43195 | 30 |
View Market Depth
| Last trade - 12.25pm 08/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |