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
. . . . AMP recovery
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Last
$1.13 |
Change
-0.020(1.74%) |
Mkt cap ! $3.756B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.14 | $1.12 | $3.892M | 3.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 80737 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 129880 | 32 |
View Market Depth
| Last trade - 12.13pm 19/05/2022 (20 minute delay) ? |
 (live)
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Last
$1.13 |
Change
-0.020 ( 1.36 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.14 | $1.12 | 1186085 | ||
| Last updated 12.32pm 19/05/2022 (live) ? | |||||
| AMP (ASX) Chart |