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
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.84 |
Change
-0.020(1.08%) |
Mkt cap ! $6.323B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.85 | $1.81 | $14.40M | 7.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 147042 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 57833 | 6 |
View Market Depth
| Last trade - 16.10pm 28/01/2020 (20 minute delay) ? |
 (live)
|
|||||
|
Last
$1.84 |
Change
-0.020 ( 1.10 %) |
||||
| Open | High | Low | Volume | ||
| $1.83 | $1.85 | $1.81 | 3341371 | ||
| Last updated 15.59pm 28/01/2020 (live) ? | |||||
| AMP (ASX) Chart |