Because it's where long term support is. Read Mark Minervinis work on Charting. He is a guru.
Citi Downgrades A2M, page-75
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 (20min delay)
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Last
$5.52 |
Change
-0.045(0.81%) |
Mkt cap ! $3.996B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.54 | $5.45 | $1.548M | 281.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 10534 | $5.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.52 | 2789 | 9 |
View Market Depth
| Last trade - 12.58pm 09/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |