Hi guys,
Sorry, it's been quite a while. Had a tragedy in the extended family so went MIA, but then realised I liked the peace of not having to bicker with posters and explain the validity of charting. Also I'm not currently a holder.
It's true the downtrend continued and my prediction of the downtrend having ended was incorrect. ASN is still a good medium\long term hold though. I have my funds locked up in another stock atm and want to wait till there is a clear sign of that next uptrend beginning.
This is how I currently see the chart.
The share price has travelled up in an uptrend and has retraced significantly. It has come down past the 78.6% fib line which is significant. It should be interesting to see how the share price moves from here.
Obviously it's just my analysis of charts and DYOR.
ASN Chart, page-9594
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $141.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $84.14K | 786.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 286817 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASN (ASX) Chart |