$9.80 first resistance, then $10.00 (psychological) and $10.40 (gap down/fill). Last 3 gaps down on the daily are still open, so the longer term downtrend is most definitely VERYstrong with plenty of overhead resistance and plenty of "long-termers" deep underwater that may be looking for a sell higher up to stop the bleeding.
Good read on gaps here: https://commodity.com/technical-analysis/windows/
Brave individual catching the falling knife - just make sure to abide those resistance lines, don't get too greedy and take profits according to your trading strategy.
DON'T PANIC A2 HOLDERS, YOU ARE IN A BETTER SPOT THAN MOST, page-101
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Last
$5.61 |
Change
-0.020(0.36%) |
Mkt cap ! $4.061B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.74 | $5.60 | $10.03M | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4199 | $5.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.64 | 2719 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |