They're just covering at a rational point to do so. A decent pullback was on the cards, so it would make sense for more shorters to close their positions.
No change in trend confirmed until trading at/above 0.40c for a continuous period. No bottom has been confirmed, yet.
Note, I realise some class a 'bottom' as a point where a pullback starts. This is technically incorrect, a bottom means just that - the bottom before a change in trend where the price won't go lower.
Agree with you, announcement could very well ignite the buying action further, however not expecting one for a couple of months yet, in my opinion going off their track record. Share price dictated by the traders still and TA, as fundamentals are coming close to being priced in.
IMO only.
- Forums
- ASX - By Stock
- AGY Shorts
They're just covering at a rational point to do so. A decent...
-
- There are more pages in this discussion • 664 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.69M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $56.28K | 1.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 2303366 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 751951 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 2303366 | 0.040 |
12 | 3099266 | 0.039 |
14 | 658231 | 0.038 |
6 | 284040 | 0.037 |
3 | 487755 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 701951 | 4 |
0.043 | 539390 | 2 |
0.044 | 719302 | 5 |
0.045 | 444048 | 7 |
0.046 | 300000 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online