Appears to me this recent rally (from late March) is now complete - having almost reached $2.15 yesterday. RSI is indicating significant overbought territory. I attribute the recent rally to a "buy on the rumour" strategy in anticipation of positive results due to be announced. This has, IMO, been accelerated by a short squeeze. My concern, at this point, is even if results exceed market expectations, due to this significant rally from $1.60s to $2.15ish, this may have been "baked in" and there will be a "sell on the fact" trade coming. If correct, I anticipate AGI will test support at $2.03 in the short term. I'd be a seller here!
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Appears to me this recent rally (from late March) is now...
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Last
75.0¢ |
Change
0.005(0.67%) |
Mkt cap ! $252.5M |
Open | High | Low | Value | Volume |
74.5¢ | 75.0¢ | 74.0¢ | $8.3K | 11.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 2161 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 757 | 0.840 |
1 | 23150 | 0.830 |
2 | 3205 | 0.820 |
2 | 5286 | 0.815 |
1 | 1024 | 0.810 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 20000 | 1 |
0.890 | 11917 | 1 |
0.895 | 10400 | 2 |
0.900 | 35870 | 1 |
0.910 | 11089 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
AGI (ASX) Chart |