A2M 0.28% $7.16 the a2 milk company limited

Closing price above $1.82 is crucial

  1. 653 Posts.
    lightbulb Created with Sketch. 50
    Two consecutive closes at $1.78 on 22Mar and 23 Mar has bought this stock on my radar.

    Sustained price close above $1.82 will be a extremely bullish signal for A2M.

    A2M has closed above $1.82 only 7 times in its entire ASX trading history. (24Dec, 29 Dec, 30 Dec, 04 Jan, 05Feb, 16Feb, 17Feb, 18Feb)

    It hit intra day high of $1.82 yesterday after 23 trading sessions. Last time it was above $1.82 on was on 19th Feb.

    There is a gap on the chart on 19th Feb. It closed on 18th Feb at $1.865 and opened on 19th Feb at $1.83 and this gap is most likely to be filled as price has not been close to this level since 19th Feb. I am expecting intra day price will hit $1.865 to fill this gap in next few trading sessions.

    Sustained price close above $1.82 for 4 trading sessions will be a game changer for this stock as it has never happened before.

    I will be betting all my savings on this stock if price closes above $1.82 for 4 trading sessions in a row.

    Gap fill of $1.83 to $1.865 will be another bullish signal.

    I will be all over this stock for next few trading sessions. Watching out for a major breakout.
 
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Last
$7.16
Change
0.020(0.28%)
Mkt cap ! $5.176B
Open High Low Value Volume
$7.16 $7.23 $7.07 $18.04M 2.526M

Buyers (Bids)

No. Vol. Price($)
1 4213 $7.12
 

Sellers (Offers)

Price($) Vol. No.
$7.16 17242 2
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
A2M (ASX) Chart
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