Today's market reaction to me is a combination of profit taking & big players trying to scare the retail investors - especially for those who entered in A2M with profit taking mind and today is getting burnt.
I suggest all the long term holders to stay calm, have a read at the definition of profit taking below from Wikipedia:
https://en.wikipedia.org/wiki/Profit_taking
If you believe in the fundamentals you should hold and wait for the positive trend.
Today's market reaction to me is a combination of profit taking...
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Last
$6.77 |
Change
0.190(2.89%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.64 | $6.80 | $6.62 | $8.993M | 1.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5191 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 2584 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |