1. Most Discussed
  2. Gainers & Losers
AMP $3.24

-oversold and on strong support zone

  1. arthur

    7,396 Posts.

    Subject AMP
    Posted 29/07/02 12:07
    Member arthur

    AMP Looking strong this morning open $14.24 now$14.60
    RSI well oversold at 26
    plus Williams % R in similar territory.

    Most popular leverage is AMP wpo at12c


    Posted 29/07/02 13:19
    Member arthur
    AMP has struck some selling resistance at $14.60 , but at this point a hold above $14.50 is still positive.


    Posted 29/07/02 14:37
    Member arthur

    Names not Crashy but am a follower,
    AMP being sold down for the moment could be Friday traders putting bids in under each other for a quick profit,
    Still could close on a high yet needs to be above $14.24

    Did close higher than the open of $14.38
    The closing chart looks ok with the RSI in a very oversold zone & pointing up ,and the candles are showing a tweezer bottom on support with a bullish white candle on today’s close

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.