AMP 1.08% $1.84 amp limited

. . . . AMP recovery

  1. 1,219 Posts.
    AMP might have drawn itself a double bottom at a shade under $16.40, a level which certainly provides some degree of technical support. Here's the chart:

    http://imagehost.auctionwatch.com/bin/imageserver.x/00000000/bondy/AMP.jpg

    If the double bottom theory holds good and AMP can rise above the previous high of (about) $19.70 we can expect a target of $23.00 even.

    Of course, that's presuming an awful lot! The first hurdle is $18.20 which is a significant resistance level and an area of considerable price churning.

    One to watch anyway. Cheers all.

    I hold AMP call warrants.

    Bondy
 
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Last trade - 16.10pm 28/01/2020 (20 minute delay) ?
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$1.84
  Change
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AMP (ASX) Chart
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