A2M 1.40% $6.32 the a2 milk company limited

$1.50 party, page-5

  1. 46,730 Posts.
    lightbulb Created with Sketch. 8845
    Thats if the 50% fib line holds otherwise the target would be $1.50 - the chart below shows what happened last time - Remember when it hit $2.36 the first time everyone said its off to the moon and you would never be able to buy under $2.00 again and it $1.50.

    $1.2b market cap is a lot of money for the company at this stage - it needs to demonstrate rapid profit growth acceleration and has to surprise the market to the upside with profit guidance - Clearly the recent fall shows the market was expecting more.

    a2m retrace.png
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.