The ASX 200 is now getting up towards make or break - the daily volume traded in December when it was making decade lows was significantly higher than the January bounce - For me this rally is lacking conviction there is no significant bargain hunting and definitely no sign of FOMO it looks more like a relief rally in a bear market .
The broader market chart below is not as bullish as the A2M chart - The XJO is coming up to the confluence of the old double top and the 200 day moving average - if it hits this soon that would also put it above the 70 overbought RSI line - I would expect the market would sell off there with some expected profit taking how far it pulls back will be the key-
of course I could be wrong and we just power on higher through the resistance zone - I think that scenario is highly unlikely.
Chart Update, page-3902
- There are more pages in this discussion • 20,976 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.03 |
Change
0.130(1.88%) |
Mkt cap ! $5.082B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $7.06 | $6.88 | $23.49M | 3.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10650 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 7256 | 2 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$7.02 |
Change
0.130 ( 1.73 %) |
||||
| Open | High | Low | Volume | ||
| $6.91 | $7.06 | $6.87 | 933444 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| A2M (ASX) Chart |