LSE:AML   ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC ORD GBP0.10
64 views
0
The AML stock had a very optimistic rally before Christmas.
Although, vaccination's progressing at a decent pace, keeping the stock (and market) hot, the reality will creep in as indicated by a chart pattern.
I always look behind the scene to get a better idea of risk / reward and atm I don't see any solid "buys" here. Most likely we'll find support at 50p (£10) in the near future.
Split & consolidation in one year, what's it all about?
OK, the former action which took place in March was, perhaps, a necessity but I'm not convinced about the latter. Will it reduce the liquidity of the stock? (Please share your thoughts in the comments) What about the psychological barrier? Do you have a feeling that the stock is "too expensive"?

Comments

I think since the consolidation the sp has been much more stable and also moving in the right direction. I don’t think it’s a bad thing and also we’ve seen a price increase by Citigroup up to 150p old money. In my opinion this is a BUY right now, for a long term hold.
Reply
Stanley968 curiousHare364
@curiousHare364, Thanks for your comment. Not sure about "long term hold" proposition. The AML stock had been in a constant decline since IPO until last summer. Maybe you're right wit a BUY but way overpriced in my book.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out