AGI 0.67% 75.0¢ ainsworth game technology limited

Appears to me this recent rally (from late March) is now...

  1. 246 Posts.
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    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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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
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
AGI (ASX) Chart
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