@Womtrade -It would appear the pull back was nothing more than profit taking on overbought indicators after a stellar run up towards the old highs-The chart below illustrates what has happened in the past and again this week - usually when the stock gets above the upper bolinger band and the top RSI line it falls back to mid range between them-
Conversely it usually bounces back up when its oversold falling below the lower band and lower RSI line
Can we talk more about technical stuffs by looking the chart than wasting time on day dreaming, page-21
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Last
$6.85 |
Change
0.170(2.54%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.73 | $6.89 | $6.73 | $10.55M | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10450 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 10276 | 2 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |