http://thepatternsite.com/dbsetup.html
Potential for a double bottom exists - firstly it has to start rising from here and not fall below the bottom to the left - then it has to break above the neckline to validate the pattern - Personally I would be more concerned about it falling bellow the 200 moving average at this point in time.
For the long term holders I wouldn't be dismissing any of the bearish T/A comments posted here recently by other members as most of it is an accurate assessment of where A2M is currently at on the T/A front..
A word of caution here - and this is my opinion only I expect this will be pretty heavily sold down on release of anything other than an upside surprise to guidance.
Chart Update, page-1567
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Last
$5.28 |
Change
0.090(1.73%) |
Mkt cap ! $3.822B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.29 | $5.14 | $18.87M | 3.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12652 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.29 | 3513 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |