Agreed with the statement of "one day doesn't make a market" @Kasper61, however we now have the share price testing the low of this entire channel (and especially the low from back on 20-Dec - the low was $6.53 and the close on that day was $6.54). Yesterday's close was $6.49. I was personally leading into a bullish case for the stock (and potentially buying in myself) had the share price cleared the high of the channel formed on 17-Jan (i.e.: $7.14), but this price action appears to be showing quite a bit of weakness in the minds of shareholders. Those support levels noted in the chart above will now act as resistance levels that need to be broken.
Chart Update, page-23640
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Last
$4.91 |
Change
-0.010(0.20%) |
Mkt cap ! $3.554B | |||
| Open | High | Low | Value | Volume |
| $4.93 | $4.96 | $4.89 | $5.556M | 1.127M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 63209 | $4.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.92 | 20435 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |