I spoke to cheech and chong yesterday, they told me the first minor resistance on AMP is at 2.10 which would be a level the shorts would make a move, he would not recommend shorting at this stage. They went on to say the huge days of volume couple weeks back was a possible sign of peak bearishness.
On the weekly chart i was told an ABC correction would take it to 3.20 but they were not sure the company had it at this stage to get it there.
At this stage its a stand aside and watch.
I spoke to cheech and chong yesterday, they told me the first...
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 (20min delay)
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Last
$1.12 |
Change
0.000(0.00%) |
Mkt cap ! $2.908B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 477 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 1185 | 1 |
View Market Depth
| Last trade - 09.55am 12/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |
Day chart unavailable