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$1.12 amp limited

Correction on my above comment.. The user did not post a...

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Dominover

50 Posts.

5

08/05/18

19:39

Post #: 32965597
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Originally posted by Dominover ↑

I agree! Allot of volume and wide daily spreads at this level. Whilst some are getting out, allot are getting back in (supported by the high volume).

As for the descending triangle mentioned above, what I'm seeing is a rising support line from 2003 onwards.
2003 - about $3
2012 - about $3.90
Recently - 3.98 but it didn't stay there. It recovered to 4.04.

I could need my eyes checked (and that is highly likely), and looking through AMP's Annual reports they seem to be a rather average investment as somebody has mentioned above. But, since when did the market listen to that !!

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Correction on my above comment.. The user did not post a descending triangle. Told you I needed my eyes checked.
But I can't help thinking that this move below the current support is a trap move to shake out sellers.

AMP Price at posting: $4.11 Sentiment: Hold Disclosure: Not Held
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1 Great analysis

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(20min delay)
Last $1.12		Change 0.020(1.83%)		Mkt cap ! $3.001B

Open	High	Low	Value	Volume
$1.10	$1.12	$1.10	$9.057M	8.177M

Buyers (Bids)

No.	Vol.	Price($)
2	5900	$1.11

Sellers (Offers)

Price($)	Vol.	No.
$1.12	419172	13

View Market Depth

No.	Vol.	Price($)
2	5900	1.110
6	214028	1.105
3	109751	1.100
8	111320	1.095
5	88420	1.090

Price($)	Vol.	No.
1.115	163382	5
1.120	242581	17
1.125	114443	5
1.130	200284	11
1.135	230039	8

Last trade - 16.10pm 07/05/2024 (20 minute delay)


Last $1.11			Change 0.020 ( 1.60 %)
Open	High		Low	Volume
$1.10	$1.12		$1.10	1538547
Last updated 15.59pm 07/05/2024 ?

AMP (ASX) Chart

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