It's looking more like this latest correction for A4N might be finished, without closing that gap. If the gap doesn't close it becomes a breakaway gap - simply a term that describes a gap that didn't get filled.
The US market has ignored recent talk of no trade deal any time soon and recovered about 90-95% of last weeks correction providing a positive lead.
Buyers for A4N soaked up last weeks sellers and the price now has started pushing higher again. The uptrend resumes.
The release of the DFS is getting a bit too close now to expect anything other than a move higher from here. The DFS is going to be a big de-risk event allowing funding talks to conclude and it should also attract further investor attention. That can be very positive for a stock with such a tight register.
It's looking more like this latest correction for A4N might be...
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Last
83.0¢ |
Change
0.005(0.61%) |
Mkt cap ! $941.7M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 84.3¢ | 82.0¢ | $622.0K | 749.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84446 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 44161 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A4N (ASX) Chart |