You want a real clear break of support, couple cents here or there is not what i would call breaking support, in saying that there's no 2.28 support Recent low was 2.24 back in Dec.
The RSI white line has tapered of as its did with the sharp Oct sell off, you could call that a glimmer of hope.
The STOCH has almost ended its free fall, couple more days there, bit of hope
The MACD shows the price may fall much more. Neg
Last 3 days prices have overshot the bolinger bands, normally they would crawl back into them, so thats a pos
IMO the banks started selling of heavily in the afternoon, i feel AMP followed them, if not it may have closed flat.
Last 2 days had volume declining except todays but WBC CBA ANZ also had volume increasing to the downside today.
How about after the BS RC on monday we get one into trading patterns in stocks and the dark pools behind them.
AMP Price at posting:
$2.26 Sentiment: Buy Disclosure: Held
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