AMP 1.54% $1.28 amp limited

News: AMP Australian shares log worst day in 4 months on rout in banks, miners, page-2

  1. 2,352 Posts.
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    A bit nasty.... and in particular because of the bank contagion in the US. Small things become big things, but at least the banks are better capitalized this time around, which should help mitigate any significant downside. Trimmed positions this arvo with sentiment in the US post Powell's chin wag causing a scramble for liquidity.

    Don't like the way AMP has finished the week. A bit bearish and the $1.40 being preached by so and so, looks like a pipe dream for a few more months at the very least! Overbought on the daily but not the weekly.
    Last edited by JoeSalami: 10/03/23
 
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