Chart Update, page-18235

There is no clear momentum from the macro and micro economic basics to push the ASX 200 towards 7000. It will just range bound between 6400-6800 for a long time waiting for news and most likely it will not be good news as the economy will not fully recover for sometime . The only news that I can see is the correction in the US market not far into the distant future. Snd this will send ASX down to <6000 . The range bound situation is a killing ground for retails as big boy play the game pump and dump from sectors to sectors to pass their hot chips to the retails and cash in to wait for bargains in correction. “Traps” are becoming evident for many stocks . A2M however is the complete opposite , the big boys are flushing out and taking the chips from retails for a bargain expecting the correction is over and SP to recover. If everyone can have a look at the other stocks they own, you’ll know what I mean.