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
$6.83 |
Change
-0.025(0.36%) |
Mkt cap ! $4.944B |
Open | High | Low | Value | Volume |
$6.80 | $6.88 | $6.73 | $2.786M | 407.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2232 | $6.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.83 | 15825 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 3465 | 6.820 |
14 | 22643 | 6.810 |
10 | 27121 | 6.800 |
7 | 12156 | 6.790 |
5 | 3420 | 6.780 |
Price($) | Vol. | No. |
---|---|---|
6.830 | 13989 | 7 |
6.840 | 11843 | 18 |
6.850 | 32618 | 18 |
6.860 | 27826 | 15 |
6.870 | 10058 | 10 |
Last trade - 13.59pm 24/07/2024 (20 minute delay) ? |
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