It's just totally unrealistic to not expect some profit taking or that there will be some short term/day traders involved in the process as we move up. There are many people who trade to very strict trading plans so the upside potential and fundamentals mean very little to them. Sure it's not how most of us long termers here are going to play AGY but everyone has their own strategy and all that matters is what works for each individual. Besides profit taking along the way is all perfectly healthy and only strengthens the technicals along the way. Ultimately we'll be driven by fundamentals but there's nothing wrong with having healthy chart to go with it.
Charting, page-2316
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Last
8.3¢ |
Change
-0.002(2.35%) |
Mkt cap ! $120.8M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.5¢ | 8.1¢ | $104.2K | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 102915 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 178334 | 3 |
View Market Depth
| Last trade - 12.24pm 16/07/2024 (20 minute delay) ? |
| AGY (ASX) Chart |