There's a gap at $10.84, which is coming close to being filled. Any bounces should be treated as dead cat bounces as the chart is in a clearly defined downtrend. Short sellers have done the right thing in adding to positions on the recent dead cat bounce. IMO, best-case scenario is a double bottom at $10, but any further sharting by the company, such as a downgrade, and all bets are off and low $8s would be the next logical zone of support.
There's a gap at $10.84, which is coming close to being filled....
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 (20min delay)
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Last
$4.81 |
Change
-0.090(1.84%) |
Mkt cap ! $3.482B | |||
| Open | High | Low | Value | Volume |
| $4.92 | $4.95 | $4.80 | $8.716M | 1.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10795 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 5662 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |