AMP is heading for historically strong support @$16.38.
This point has held after both Sep. 11 and their recent profit downgrade!
Failing this, $16 looks a certainty.
AMP broke south out of its current consolidation phase on Friday, which is suprising as it has share buyback support ($400 million), and a return to double digit growth by years end (supposedly).
Maybe it just needs to retest $16.38, or is QBE and the whole sector going to drag it down?
Crucial support.
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 (20min delay)
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Last
$1.86 |
Change
0.010(0.54%) |
Mkt cap ! $6.392B | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.88 | $1.85 | $7.902M | 4.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 346956 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 100019 | 4 |
View Market Depth
| Last trade - 16.10pm 24/01/2020 (20 minute delay) ? |
 (live)
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Last
$1.86 |
Change
0.010 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| $1.86 | $1.88 | $1.85 | 1259746 | ||
| Last updated 15.59pm 24/01/2020 (live) ? | |||||
| AMP (ASX) Chart |