IMHO as we enter the month of JAN, Usually considered as a decisive month for global equities one way or the other I think A2M will follow the suit of global equities until the result day that's when it will set its own direction depending on the result. IMO we have two scenarios up on us
Scenario 1
Trump and XI with out delaying any further will sign the trade deal in first 2 weeks Jan followed by US kick starting positive earning season and FY20 estimates and last but not least FED's neutral stance and global liquidity continues which is a BULL CASE...... A2M will march forward to fill the left over gap between $15 and 16.
Scenario 2
Delay or no talk on trade deal, weak global macros taking the centre stage,Cautious outlook by US firms on outlook 2020, global markets technicals looking rather tired almost looking for a reason to correct 10 ish percent (As most global experts have started to call the correction in early 2020) we have a gap waiting $12 to 13.
Will be interesting to see what happens....... IMO one of the above will manifest as i dont see JAN to be a range bound month
Cheers
Do Your Own Research
All In My Opinion
Happy new year to all holders and to be holders (I believe A2M is the place to be in 2020 iam waiting patiently to get in again)
SS
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Last
$6.50 |
Change
0.145(2.28%) |
Mkt cap ! $4.731B |
Open | High | Low | Value | Volume |
$6.37 | $6.57 | $6.33 | $8.135M | 1.253M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3913 | $6.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.50 | 4086 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 17141 | 6.480 |
12 | 24964 | 6.470 |
9 | 13240 | 6.460 |
12 | 34487 | 6.450 |
7 | 5718 | 6.440 |
Price($) | Vol. | No. |
---|---|---|
6.490 | 1282 | 4 |
6.500 | 13607 | 25 |
6.510 | 26088 | 14 |
6.520 | 15505 | 10 |
6.530 | 10826 | 10 |
Last trade - 15.01pm 10/10/2024 (20 minute delay) ? |
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