two totally different exchanges for one two different currencies an different volumes
Its a pretty poor guide the NZX due to the size of the trading on daily ave volume
Whats going on is simple in my view the stock is in a downtrend an there are risks associated with the legal action an potential regulatory changes in china that is keeping investors in A2m on the sidelines thats the way i see it
Its gone no where in 2016 an is the same price as 8 months ago so I don't think anything is going on its just had a massive run up in 2015 an in 2016 has hit a brick wall the sp
TA wise its following the weekly chart down of the recent high of 2.22 an is looking to close the gap at 1.65 in my opinion which would complete the first wave down in a text book ABC correction
I am picking that we will see that 1.65 gap area tested in the next week or two looking at the chart an falling volumes .
Whats going on with A2M in ASX, page-3
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Last
$6.14 |
Change
-0.220(3.46%) |
Mkt cap ! $4.445B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.33 | $6.12 | $14.77M | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17044 | $6.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 3624 | 2 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |