Ann: Change in substantial holding, page-16

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SSA

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18/12/20

15:31

Post #: 49686599
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Originally posted by SSA: ↑

I'll start by saying, I don't really know. the weekly candles look bearish, but that's not necessarily a negative thing unless you're day trading and long. still well above the 50MA, oscillators and momentum indicators pointing up on the weekly and look to have left that weak momentum behind. low volume selling. classic.

I wouldn't be surprised to see 76-84, it might not even get there, but if I'm looking to accumulate, that would be the range for me personally. for the time being, the investment thesis is still the same as it was a week ago. look away and let the price do it's thing.

once you have done your homework, you need to back yourself. it becomes less about the analysis and more about the psychology of investing.

of course, that's not to say unexpected negative shifts in fundamentals can't happen. but that applies to everything in the market.

My point being - if you're a believer and investor as opposed to a trader, don't do what 90% of investors do, get spooked by volatility. price can be quite telling, but in this case, I don't see anything sinister. low volume, many confluence points to the upside still.

healthy for this to cool, before next leg.

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Well, we are here... In the range. This gives me confidence, because it means the technicals are at play. The fundamental narrative hasn't changed. A helicopter view of technicals as my point of view, only.

AMS Price at posting: 86.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

2 Great analysis

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(20min delay)
Last 2.5¢		Change -0.001(3.85%)		Mkt cap ! $30.37M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.5¢	$12.22K	480.0K

Buyers (Bids)

No.	Vol.	Price($)
4	619508	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	7000	1

View Market Depth

No.	Vol.	Price($)
4	619508	0.025
4	550000	0.024
6	790969	0.021
3	337830	0.020
1	100000	0.019

Price($)	Vol.	No.
0.028	7000	1
0.029	100000	1
0.030	100000	1
0.032	33600	2
0.033	300000	1

Last trade - 15.27pm 07/11/2024 (20 minute delay)

AMS (ASX) Chart

Ann: Change in substantial holding, page-16

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Ann: Change in substantial holding, page-16

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