hey everyone,
Long time reader, and first time poster here
Been a holder of A2M since the sub-1$ days, never sold any, and did accumulate on a few occasions. Missed the "golden opportunity" to buy/accumulate during the Jayne 11$-ish days due to personal funds being at an absolute low - but hey can't have it all !
Just thought it'd be about time I break the silence, and say thanks to some of the LTH here such as @SmugLex, @lakota6 ,@Broker67 , @rohop etc. and special mention to @hoots of course! you folks are good bunch, kept me sane, informed and educated along the way.
Now, lets not waste a post here - we're in the chart thread after all.
As per@Michael2's post above,
*yes noticed the recent decline in daily volumes, and the relative trend stability.
*Also noticed the short positions have been in a pretty tight band - in the last 1 month they've been fluctuating in between ~3.73% and ~4.03% (based on shortman data 4-day delayed)
*and finally, assuming a 1 month chart view, the RSI is tracking roughly at mid level - neither oversold nor overbought.
I do understand that charting or TA on a 1-month horizon is probably to small of a window, particularly with a beast such as A2M.
and for sure daily volume, shorts, nominal trend and RSI is merely scratching the surface from a overall TA perspective.
But I'm willing to guesstimate that neither long-ers nor short-ers are willing to take too much of a heavy bet on what's lying ahead for A2 ?
Particularly given a good amount of positive has been priced in, and that a fair amount of shorters had been burnt in recent times (as can be seen on shortman).
I certainly think the upcoming update will be an interesting one - might finally help us break the 20$ wall, and continue the bullish trend.
Again, the view above is only mine - and is not intended to influence anyone, or be taken as an advice.
Appreciate any correction to my assumptions or views.
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Last
$6.67 |
Change
0.080(1.21%) |
Mkt cap ! $4.764B |
Open | High | Low | Value | Volume |
$6.64 | $6.70 | $6.64 | $1.889M | 281.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1997 | $6.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.68 | 14034 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 12244 | 6.660 |
16 | 19905 | 6.650 |
14 | 14227 | 6.640 |
8 | 22699 | 6.630 |
7 | 81731 | 6.620 |
Price($) | Vol. | No. |
---|---|---|
6.670 | 1254 | 1 |
6.680 | 9758 | 11 |
6.690 | 34992 | 15 |
6.700 | 19874 | 12 |
6.710 | 21703 | 7 |
Last trade - 11.00am 04/07/2024 (20 minute delay) ? |
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