A2M 0.44% $6.85 the a2 milk company limited

Chart Update, page-7197

  1. 1,873 Posts.
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    The stock is heading into bearish period. Currently, our major support lines are at $13.05 and $12.86 (Bold lines) and your resistance lines in red.

    The volume has significantly dropped and 200 EMA is respectively broken, this is not the time to go long unless there is some news. Need to hold the two strong support lines at $13.05 and $12.86 , otherwise we shall revisit sub $11.00. There's also some unfilled gaps at $11.20 The MACD signal is also crossing, which is not good. See the below chart. Unfortunately, without situational support, i expect it drop more.


    https://hotcopper.com.au/data/attachments/1728/1728972-b6b339eee2204df9394e57dc96484c9c.jpg


    @SmugLex , Friend I hope you're well! I sold some of my a2m at $16.93 and still holding 55% in A2M. Will buy back more around $10.86 that;s my entry price. there is no news until December, unless a surprise news from A2M



 
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Last
$6.85
Change
-0.030(0.44%)
Mkt cap ! $4.952B
Open High Low Value Volume
$6.93 $6.98 $6.83 $10.27M 1.490M

Buyers (Bids)

No. Vol. Price($)
7 18844 $6.84
 

Sellers (Offers)

Price($) Vol. No.
$6.85 41602 1
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
A2M (ASX) Chart
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