AGI 0.00% 74.5¢ ainsworth game technology limited

I agree, I wished i never bought into this company, its really...

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  1. 256 Posts.
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    I agree, I wished i never bought into this company, its really put a dent in my portfolio. However things could be changing.


    I have been watching Aristocrat for a while and from a technical perspective things have gone quite bearish. 


    A few days  ago the 200 day moving average crossed the 50 day average. In the technical world this is a significant thing. See chart


    https://hotcopper.com.au/data/attachments/1359/1359910-0dd1d6ee141c85e43aaabe358b2bd363.jpg

    Also the shorter's are beginning to smell blood.

    https://hotcopper.com.au/data/attachments/1359/1359911-6ca74b8b0e676d98e43c8774c490687f.jpg



    Still early days and things could reverse.  I think Aristocrat reports at the end of the month so this will be interesting.


    How does this relate to AGI? Well with a bit of luck we might be seeing the beginnings of rotations out of ALL and into........AGI??????


    Agree my hypothesis is more hope than evidence as AGI continues to bounce around new lows. However it was up today on good volume (could just be bargain hunters).  ALL was down (-1.9%). 


    Just saying


    https://hotcopper.com.au/data/attachments/1359/1359913-ceabb4b0bd19085eae52ef036aa23146.jpg
     







 
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Mkt cap ! $252.5M
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Buyers (Bids)

No. Vol. Price($)
1 44630 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 6981 1
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Last trade - 10.24am 28/11/2024 (20 minute delay) ?
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