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
$1.56 |
Change
0.000(0.00%) |
Mkt cap ! $5.343B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.54 | $14.71M | 9.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31000 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 607559 | 7 |
View Market Depth
| Last trade - 16.10pm 20/01/2021 (20 minute delay) ? |
 (live)
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Last
$1.56 |
Change
0.000 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.57 | $1.55 | 2264999 | ||
| Last updated 15.59pm 20/01/2021 (live) ? | |||||
| AMP (ASX) Chart |