zAngus

$AMC:ASX - AMCOR PLC - Half way through 20% swing

Long
ASX:AMC   AMCOR PLC
AMCOR bounced off its old support area quite well and is now coming up to its first resistance test area. Indicators look good for now and demand is there for a push through with 547 buyers for 453,396 units vs 295 sellers for 200,714 units. Might be worth a watch.

Amcor Limited is a packaging company. The Company's segments include Amcor Rigid Plastics, Amcor Flexibles and Other/Investments. The Company offers a range of packaging related products and services, including packaging for beverages, food, healthcare, and personal and homecare, tobacco and industrial applications. Its products include packaging for fresh foods, such as meat, fish, bread, produce and dairy, and processed foods, such as confectionery, snack foods, coffee and ready meals, as well as resin and aluminum based medical applications, hospital supplies, pharmaceuticals, personal and home care products, and specialty packaging.

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