Allomak (AMA)

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Allomak (AMA): Signals

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TECHNICAL ANALYSIS SUMMARY

[BULLISH]: Allomak has formed a White candlestick. Normal buying pressure highlighting buyers were in control.



This candlestick implies normal buying pressure and shows that prices advanced during the day from open to close and the buyers were in control.

Calculation: White Candlestick Pattern:
1) The body of the candlestick is white with normal length;


PROFILE: Allomak (AMA.AX)


Stock Exchange: ASX
Company: Allomak
Ticker Codes: | AMA.AX | ASX:AMA |

About Allomak (ASX:AMA):

AMA Group Limited operates in the wholesale vehicle aftercare and accessories market in Australia. The company operates through Vehicle Panel Repair, Vehicle Protection Products, Automotive Electrical & Cable, and Automotive Component Remanufacturing segments. It provides vehicle panel repair services; manufactures alloy frontal protection equipment for 4wd, SUV, passenger, and light commercial vehicles, as well as for light and medium trucks; distributes electrical and cable accessories and solutions for the automotive, mining, industrial, transport, electrical, and marine industries; and remanufactures vehicle transmissions. The company was formerly known as Allomak Limited and changed its name to AMA Group Limited in December 2009. AMA Group Limited is based in Margate, Australia.

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Basic Candlestick

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