re: $6.71 did not hold Looking at the chart, there was a major...

  1. 873 Posts.
    re: $6.71 did not hold Looking at the chart, there was a major support broken in last 2 weeks at $7.00. You can see there was a slight bounce off this level. This support was a confirmation of a pattern using the $5.67 base formed in Sep 2001.

    I see the next major support now at around $6.59. This is a 61.8% retracement off the longer time frame. (the mid year 2000 $5.00 base).

    And $6.59 has already been reached today - interesting to see what happens from here. Expecting to see some sort of recovery - perhaps a company "ramp" will materialize...not much doing in the market depth though....not that that means much.




    Christian
 
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(20min delay)
Last
$14.17
Change
0.100(0.71%)
Mkt cap ! $8.906B
Open High Low Value Volume
$14.13 $14.20 $14.02 $56.03M 3.962M

Buyers (Bids)

No. Vol. Price($)
1 136 $14.16
 

Sellers (Offers)

Price($) Vol. No.
$14.19 2037 2
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Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
AMC (ASX) Chart
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