AMP, Yes, good example, see the circa 3 days trade after the curtain dropper or some call it dead cat bounce.and if the business is sound and the drop happens after a decent downtrend, ie: oversold on doom, AMP is following similar path to GXL and IFL.
Who also remembers the SGH trade days.
and like both of those, after the bounce trade, there is often a second low from which it climbs out of, the double bottom.
- Forums
- ASX - Short Term Trading
- XAO
- Short Term Trading Week Starting: 14 Jan
Short Term Trading Week Starting: 14 Jan, page-153
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XAO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,699.1 |
Change
-0.900(0.01%) |
Mkt cap ! n/a |
Open | High | Low |
8,700.0 | 8,700.0 | 8,649.0 |
XAO (ASX) Chart |