ASM australian strategic materials limited

Good morning,While the market is set to open slightly down (-38...

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    Good morning,While the market is set to open slightly down (-38 December contract, -39 September), we’re seeing a key opportunity for a breakout today. Resistance is tight at 0.56, but with a little extra push, we could easily clear this level and aim for 0.58, setting the stage for further upward momentum. Strong support at 0.52 provides a solid base, and even if tested, there’s stability to work with.Yes, prices are below their EMAs, but this creates room for a sharp rebound. A breakout above resistance could ignite a powerful rally, particularly with new contracts coming into play after 11 a.m. Keep a close eye on the market — a big move may be just around the corner!Have a great day, and take care
 
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(20min delay)
Last
61.5¢
Change
-0.005(0.81%)
Mkt cap ! $111.5M
Open High Low Value Volume
62.5¢ 63.0¢ 59.5¢ $135.4K 222.9K

Buyers (Bids)

No. Vol. Price($)
2 5500 60.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.5¢ 3025 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
ASM (ASX) Chart
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