A2M 1.69% $6.99 the a2 milk company limited

Buyers building something big is coming, page-98

  1. 46,627 Posts.
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    Hokey here is a different view on the daily chart using standard bars - the charts of A2m and Bal have been remarkably similar - as you can see both are in a pennant formation and both have had a false break to the upside - BAL has had a false break to the downside as well - the subtle difference is A2m appears to be having a look at breaking above the top pennant line again and BAL looks to be having another go at breaking to the bottom.

    Both stocks are hovering around the 38% fib retracement level from their highs.

    Click to enlarge view.

    a 2 pennant.png
    bal pennant.png
 
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