ASM 4.39% 54.5¢ australian strategic materials limited

Morning Momentum – Big Moves Ahead and Targets in Sight! Good...

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    Morning Momentum – Big Moves Ahead and Targets in Sight!

    Good morning! With the market opening +9, we’re set for a strong day.

    We came so close to breaking through .64 yesterday, and today could be the day we hit that key resistance level and start aiming for .71 and .73. A close over .73 would be a great way to wrap up the week, but don’t forget—our long-term goal is to break through .98 and beyond.

    The big news? Rowena was just issued performance rights the other day—this means ASM has been hitting its targets, and that’s a clear sign we’re on track for some serious upside.

    When a CEO gets performance rights, it shows the company is delivering, and that’s exactly what’s happening here.

    Let’s also not lose sight of the bigger picture: The Koreans bought in at around $7.80 after doing their due diligence, so that’s where the true floor is.

    Once we reclaim that, we can start setting sights on $14 and $20.Support’s sitting at .60 today, and with the futures roll on the 19th, there’s likely to be some volatility—but we know the real story here is the long-term upside.

    Stay focused, and let’s make the most of today’s momentum.Onwards and upwards!
 
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Last
54.5¢
Change
-0.025(4.39%)
Mkt cap ! $99.72M
Open High Low Value Volume
57.0¢ 57.0¢ 54.5¢ $35.03K 62.91K

Buyers (Bids)

No. Vol. Price($)
1 27040 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 500 4
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Last trade - 15.02pm 12/11/2024 (20 minute delay) ?
ASM (ASX) Chart
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