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
$5.48 |
Change
-0.110(1.97%) |
Mkt cap ! $3.967B |
Open | High | Low | Value | Volume |
$5.56 | $5.57 | $5.39 | $15.92M | 2.911M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $5.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.49 | 6381 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 5.460 |
1 | 763 | 5.450 |
1 | 2000 | 5.440 |
1 | 19931 | 5.430 |
6 | 27138 | 5.420 |
Price($) | Vol. | No. |
---|---|---|
5.490 | 6381 | 1 |
5.500 | 13301 | 2 |
5.510 | 10543 | 3 |
5.520 | 2400 | 1 |
5.550 | 1000 | 1 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
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A2M (ASX) Chart |