Yes I agree no news for 2 weeks as company has confirmed update coming with quarterlies, which I anticipate will be released in 2 weeks.
But my thoughts are different from a TA point of view: the support at low 7s has been tested 3 times before in the last 2 months, and many chartists probably see this as well judging by the buy orders at that level.
Lack of news does not necessarily result in a proportionate decline, but I do see strength in the recent highs/lows which investors are currently acting on today.
ASM Chart Thread, page-5916
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Last
79.5¢ |
Change
-0.020(2.45%) |
Mkt cap ! $144.0M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 81.5¢ | 78.5¢ | $114.6K | 144.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50778 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 691 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |