Great analysis!
I always had a similar feeling building with each announcement, which is why the sp drop is a bit surprising to me.
hopefully, like others have said, the road isnt always linear and to expect things like this. I just seems to me that this drop shouldnt be this drastic. I'd like to see more chart analysis from others as im not too educated on reading them.
I have lots of faith in Archer, and for the same reasons you have highlighted.
What is happening, page-29
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Last
39.5¢ |
Change
0.045(12.9%) |
Mkt cap ! $100.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 40.0¢ | 36.3¢ | $107.9K | 281.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10263 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 36554 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AXE (ASX) Chart |