Clear W bottom finishing up being hammered out on the weekly and an inverted head and shoulders on the Daily chart. Clear resistance zone roughly 6.40 to 6.60
You can tell whether a stock will break through or reverse at resistance by the way it approaches it. If it crawls and stumbles its way to these supply zones then likely it's not ready. But judging from yesterday's movement - relentless buying on large volume and finishing at the highs - then it seems it has all the energy needed to burst through finally.
Chart Update, page-21961
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Last
$5.19 |
Change
-0.130(2.44%) |
Mkt cap ! $3.757B | |||
| Open | High | Low | Value | Volume |
| $5.26 | $5.29 | $5.19 | $21.70M | 4.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11002 | $5.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.23 | 19654 | 8 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |