Looking at the weekly chart, the week beginning 8 October 2018 was when a certain someone sold a truckload of stock. Using that week's range as a baseline, A2M is settling back into a longer-term channel. When plotting a 31-degree angle to that range, it suggests support at $14.15 (when extrapolated to August 2019):
When raising the higher line of this channel to include the big gain on 18 February 2019 (announcement of half-yearly results), A2M's weekly price action has occupied this range almost perfectly for 10 months. When extrapolated to August 2019, this suggests an upper range of $17.64.
With yearly results out shortly, let's see if the price breaks through the upper line (if results beat guidance), or the lower line (if they don't).
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Looking at the weekly chart, the week beginning 8 October 2018...
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Last
$6.59 |
Change
-0.070(1.05%) |
Mkt cap ! $4.764B |
Open | High | Low | Value | Volume |
$6.62 | $6.68 | $6.55 | $5.062M | 766.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5235 | $6.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.60 | 37553 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1277 | 6.910 |
1 | 500 | 6.620 |
1 | 1 | 6.600 |
1 | 500 | 6.590 |
2 | 2376 | 6.550 |
Price($) | Vol. | No. |
---|---|---|
6.410 | 154 | 1 |
6.590 | 904 | 5 |
6.600 | 21410 | 9 |
6.610 | 200 | 1 |
6.620 | 453 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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