It'll be the same people that were there at $3 screaming blue murder that it was going back down to <$2
Interestingly it's the longest period by far that ASM's gone without news (red dots), testing the theory that SP is only sustaining its rocket on the back of regular newsflow. Nothing to see/worry about here. Natural pullback after a beautiful rise, and great opportunity for people to top-up and enter. The decline is on low volume after sitting in over-bought territory for a long stretch.
ASM Chart Thread, page-56
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Last
94.0¢ |
Change
0.070(8.05%) |
Mkt cap ! $170.2M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 94.5¢ | 88.0¢ | $301.7K | 328.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 3999 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |